| The high from yesterday stalled at a key swing area between 1.37089 and 1.37149 |
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EURUSD Technicals:The buying in the EURUSD pushed to the next target and stalled the rally
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The EURUSD started the US session with the price higher and just above the broken 200 hour MA near 1.15525. Buyers on the dip in the early trading, defended that level and that has led to increased upside momentum with new highs for the week.
The price has also moved to the next key target area defined by the 61.8% and the high of a swing area at 1.1591 where sellers leaned.
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EURUSD Technicals. Much ado about nothing today in the EURUSD but sellers in control
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The price remains below the 50% retracement at 1.14919 keeping the sellers in firm control in the EURUSD.
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