The summer swings
it was highlighted that the EURUSD needed to get and stay below the 200 hour MA after testing the closing level from Friday. The price did move below the 200 hour MA but the look was brief and once the price moved back above the key moving average, the sellers turned to buyers. That eventually led to a move above the Friday close and a move to new day highs.
Forex technical analysis: EURUSD fails below 200 hour MA. Trades at new day highs
