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EURUSD stalls near hourly MAs. Moves off the levels.

Started by forex4you, Feb 22, 2022, 05:56 pm

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forex4you

Feb 22, 2022, 05:56 pm
EURUSD stalls near hourly MAs. Moves off the levels.

The EURUSD finds resistance near hourly MAs   Last week, the 200 hour MA in the EURUSD did a good job of stalling the rallies (see green line in the chart above).   Yesterday, the price of EURUSD initially moved higher and extended above that 200 hour moving average in the process. Howev

Source: EURUSD stalls near hourly MAs. Moves off the levels.

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