High from Friday, stalls the EURUSD today, but watch the intraday MAs - ConsultFX

High from Friday, stalls the EURUSD today, but watch the intraday MAs

Fallout from Draghi remains The fallout from Draghi's presser on Thursday remains.  Yes...the EURUSD did correct higher on Friday, but the move was minor relatively. The high reached 1.16264. That was well short of the 38.2% of the move down at 1.1660 (see chart below).