EURUSD trades to last week highs and backs off
Summary
By sueyangfx.com October 05, 2020 at 02:06PM Can the ceiling be broken The EURSUD opened lower but quickly found a bid and moved higher. THe early European trading saw a dip back below its 100 hour moving average, but could not sustain momentum. The London […]
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October 05, 2020 at 02:06PM
Can the ceiling be broken
The EURSUD opened lower but quickly found a bid and moved higher. THe early European trading saw a dip back below its 100 hour moving average, but could not sustain momentum. The London morning session saw buyers lead the way as “risk on” flows led to dollar selling and buying in other currencies including the EUR.