Forex Trading: EURUSD gets closer to 200 hour moving average support

Forex Trading: EURUSD gets closer to 200 hour moving average support

Published by DavidWaring
11-03-2008

Forex Trading: EURUSD gets closer to 200 hour moving average support

Forex Trading: EURUSD gets closer to 200 hour moving average support

The EURUSD move through the closing level of yesterday (at 1.2957) and moved lower. The pair is now approaching the 200 hour moving average. Initially at least I would expect to find some buying support against this level. ...

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