EURUSD moves up to test the 200 hour MA.  Also testing key swing area at 1.1663 to 1.1691

EURUSD moves up to test the 200 hour MA. Also testing key swing area at 1.1663 to 1.1691



EURUSD has moved to the 200 hour MA at 1.1667, and the low of swing area between 1.1663 to 1.1691.

The swing area not only provided support from the end of June into July, but was a key swing area going back to April to November in 2021 (see chart below).
This article was written by Greg Michalowski at www.forexlive.com.

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