The EURUSD corrects lower today after test of daily moving averages on Friday failed

BY admin admin

Stall in London has been at a Thursday swing low
The EURUSD moved above the 100 day MA at around the 1.10008 level on Friday and extended up to a high of 1.10181 (that is the average today – see top blue line on the chart below). The price also extended above a topside trend line. 

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