Couldn’t break higher. Goes lower. Up on the week. Profit taking before the weekend.
The EURUSD this week bottomed just above the 200 day MA at 1.1048 – the low was 1.1057. That was on Wednesday. Needless to say, the FOMC decision had a say in the the move higher.
Forex technical analysis: EURUSD having a Friday type of day after failing to break higher
