The upside trendline at 1.2120 tested and found sellers
The EURUSD on Friday moved back above its 100 day moving average enclosed above them moving average level for the first time since March 3. The 100 day moving average comes in a 1.20537. The high however stalled ahead of its 61.8% retracement of the range for 2021 at 1.21023
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
We and our partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signalled to our partners and will not affect browsing data.
We and our partners process data to provide:
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised ads and content, ad and content measurement, audience insights and product development.