EURUSD trades back above the 100 day MA - ConsultFX

EURUSD trades back above the 100 day MA

Break has to be respected The EURUSD moved above the 100 day MA as Draghi spoke, but looking at the 5 minute chart, the break was quickly reversed. Now the price is back above the 100 day MA for the 2nd time and spending more time above that key level.  Traders have to respect the break.  It