Forex technical analysis: EURUSD moves above 100 hour MA/100 day MA - ConsultFX

Forex technical analysis: EURUSD moves above 100 hour MA/100 day MA

Both come in at 1.1759 area The EURUSD is trading higher and in the process is moving above the 100 hour MA and the 100 day MA at 1.1759.  Earlier in the session those MAs were broken, but the break failed. Traders will be looking for the break to hold the level this time.  A failure Copyright 2015 Forexlive.com