The Traderszone Network

Published in TZ Latest News 23 February, 2017 by The TZ Newswire Staff

EURUSD can’t make much hay above the 200 hour MA level

Back down testing the 100 hour MA now
. The 50% of the move down from last weeks high at 1.0586, and then the 200 hour MA at 1.0593 were the next targets. The price made it to and even through both.  The high reached 1.05948, but that was it.  We are now seeing a retest of the 100 hour MA at 1.05733.  The battle between the MA lines continues.