EURUSD extend to new session highs and tests the first significant retracement target

BY admin admin

The pair moves toward the 38.2% retracement target and 200 hour moving average
The EURUSD has been trending higher in trading today after breaking above a topside trend line and bottoming yesterday near the lows from Friday (forming a floor).  

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

US stocks run higher into the close. Major indices close near session highs

Major indice rise by 1.6% to 2.2% The US stocks ran higher into the close with the major indices rising about 0.9% more in the last hour of trading.

Forex

Pres. Biden: Cost of inaction on stimulus is high and growing every day

Pres. Biden speaking   Comments are in line with his agenda.

Forex

Dollar Ended Broadly Higher as 10-Yr Yield Hit 2.7

<p>Dollar was initially mixed last week but buyers jumped in after FOMC minutes revealed the quantitative tightening plan. US benchmark treasury yields also surged to highest level since 2019. B

Copyright © 2024 | WordPress Theme: Xews Lite