Published on FXDD (http://forex.fxdd.com)
Forex Trading:EURUSD through the 200 hour moving average
By Greg Michalowski
Created May 12 2008 - 10:14am

The market moved above the 200 hour moving average after testing the level 3 times prior but failing to close above it.  The level comes in at 1.5469.  This level should provide support today.  A move back below the level and the move higher would be neutralized. 

 


Source URL: http://forex.fxdd.com/trading-news/4005/forex-trading%3Aeurusd-through-200-hour-moving-average