Technical Analysis

EURUSD claws back to unchanged (now up) on the day

New YTD lows failed. PMI data, pressured the USD. Shorts covered

The EURUSD has clawed its way back to unchanged (now higher) on the day after being down up to 43 pips on the day. 

The pair is looking to test the 100 hour MA at 1.11572. The high just reached 1.1155. Key test here. 

ForexLive

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