EURUSD has two tests of the MA line today. Both stall the rally. - ConsultFX

EURUSD has two tests of the MA line today. Both stall the rally.

Midpoint of the October range in the area. The EURUSD stalled for the 2nd time at the 100 bar MA on the 4-hour chart at 1.1776. The 50% of the October trading range at 1.17739 is also in the area. The high just peaked at 1.17769. The price is trading back down to 1.1765.  Buyers shifting Copyright 2015 Forexlive.com