EURUSD tests 200 hour MA and 38.2% retracement
On Friday, the MA (and trend line) stalled the rally.
The EURUSD is of testing its 200 hour moving average and 38.2% retracement at 1.0862-64 area. Recall that on Friday the price tested the 200 hour moving average and topside channel trendline, only to find willing sellers against the risk defining levels.
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