EURUSD backs off the highs in early NY trading. Buyers take price above 100 hour MA.
The 100 hour MA is at 1.0777 level
The EURUSD has moved higher in the session today and in the process has been able to extend above its 100 hour moving average currently at 1.0775. The price has not traded above that 100 hour moving average since March 11. That shift today was the minimum to give the buyers more control
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