After a failed breakdown below the 200-hour MA earlier today that led to a snapback rallly, the EURUSD buyers have reclaimed short-term control on a break of the 100 hour MA. The question now is “Can the 100-hour MA now hold support and keep the buyers in control?
See what targets are in play next – and why – in the above video.
This article was written by Greg Michalowski at www.forexlive.com.
