The Traderszone Network

Published in TZ Latest News 5 August, 2016 by The TZ Newswire Staff

Forex technical analysis: EURUSD holding support levels…

1.1077-78 remains key…
The EURUSD price action has slowed with the pair trading in a 10 pip trading range over the last hour.  OK.
That price action has been able to stay above the 200 day MA and the 100 bar MA on the 4 hour chart.  That can be worrisome to shorts. Those levels are key levels.