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Boring….Yes, but the EURUSD remains between MA support/resistance

“The price of the EURUSD is nearer recent highs but efforts to break above the 100 day MA has been met with a muted response and subsequent falls back down” reports forexlive.com. Looking at the hourly chart below, the low today did stall at a trend line connecting the recent lows.That trend line currently comes in at 1.1439 (and moving higher).The current price is trading at 1.14587.
 
Source: forexlive.com



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