EURUSD goes up initially, but moves back lower - ConsultFX

EURUSD goes up initially, but moves back lower

Price action limited after FOMC statement The initial move was dollar lower but we are seeing a turn around from that selling in the EURUSD. Technically, the price action took another look above the 100 hour MA (blue line in the chart above),  but the price has since come back below the MA line.  Each of the Copyright 2015 Forexlive.com