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EURGBP tests 100 bar MA on 4-hour chart and retracement midpoint

Started by forex4you, Feb 12, 2022, 04:20 am

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Feb 12, 2022, 04:20 am
EURGBP tests 100 bar MA on 4-hour chart and retracement midpoint

EURGBP finding support near 50%, 100 bar moving average   The EURGBP on the 4-hour chart is testing a dual technical support level defined by the rising 100 bar moving average (blue line) and the 50% midpoint of the move up from the pre-ECB low last Thursday. Those levels come in at 0.837

Source: EURGBP tests 100 bar MA on 4-hour chart and retracement midpoint

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