November 29, 2022

Forex Solution

Learn To Trade Forex

EURUSD traders took their shot and missed…

1 min read

Dips below 100 hour MA failed…

The EURUSD took their shot below the 100 hour MA….and missed (see earlier post). 
Dips below 100 hour MA failed...

The price has since move back above the 38.2% retracement of the move up from Friday’s low at 1.22254, and the earlier swing low today at 1.22321.  

The next target comes in at 1.2242 to 1.22448. The first level was the swing high going back to February 25. The 2nd was the high from last week’s trading.  

Swing and a miss…..

Invest in yourself. See our forex education hub.




Source link

Copyright © All rights reserved. | Newsphere by AF themes.