Forex technical analysis: EURUSD tests 100 bar MA on 4-hour chart - ConsultFX

Forex technical analysis: EURUSD tests 100 bar MA on 4-hour chart

Stalls on the first test... The EURUSD moved down to a low of 1.1915 in the current hour and stalled. The catalyst for the stall was the 100 bar MA on the 4-hour chart. That level comes in at 1.19138.   Getting within 1.2 pips of the MA is close enough on the first look at least.  Copyright 2015 Forexlive.com