The Traderszone Network

Published in TZ Latest News 28 November, 2016 by The TZ Newswire Staff

Forex technical analysis: EURUSD closing just below the 200 hour MA

Back above the 200 hour MA in the last hour, but closes just below
The EURUSD will end the trading day above the close from Friday at 1.0588 level. However it failed to close the day above the 200 hour MA at 1.06125. If there was a close above 1.06125, it would be the first end of day close where the price closed above the 200 hour MA since November 8th. It was not to be. Boo-hoo.