The Traderszone Network

Published in TZ Latest News 29 September, 2016 by The TZ Newswire Staff

Forex technical analysis. EURGBP bounce sends EURUSD squeezing higher with it.

Extends off the 200 hour MA
The EURGBP has seen a bounce off the 200 hour MA for the 2nd time today (see breen line in the chart below). That bounce has helped send the EURUSD higher with it.