EURUSD can’t muster much buying above 100 day MA/swing area
Summary
By sueyangfx.com May 03, 2021 at 02:27PM Buyers disappointed The EURUSD on Friday, joined in on the dollar buying/end of month dollar buying run. Momentum was increased after the pair fell below its 200 hour moving average/50% of the move up […]
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
May 03, 2021 at 02:27PM
Buyers disappointed
The EURUSD on Friday, joined in on the dollar buying/end of month dollar buying run. Momentum was increased after the pair fell below its 200 hour moving average/50% of the move up from the April 22 swing low (last test of 200 hour MA). The 100 day moving averages and broken without much problem, and the