EURUSD stalls at the high near 50% and key swing area. Rotates lower toward support
Summary
By sueyangfx.com February 08, 2021 at 01:47PM 100 hour moving average being approached on the downside in the EURUSD The EURUSD on Friday moved sharply higher after the weaker than expected US employment report and overall dollar selling. On the way higher, […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
February 08, 2021 at 01:47PM
100 hour moving average being approached on the downside in the EURUSD
The EURUSD on Friday moved sharply higher after the weaker than expected US employment report and overall dollar selling. On the way higher, the pair moved back above the 1.2027 to 1.2010 key swing area. Recall those levels were swing highs going back to 2020 before breaking higher on