EURUSD inches back toward the 200 week MA. Buyers try to bottom the pair. - ConsultFX

EURUSD inches back toward the 200 week MA. Buyers try to bottom the pair.

A move above could solicit more buying. Here is why... The EURUSD is inching back toward the 200 week MA at the 1.1356 level.   As posted earlier, the price moved below the 100 week MA last week. This week it has seen a break of the 200 week MA (first time below since November 2017).  If