August 13, 2015

EURUSD Chart update

  • EURUSD Pausing at 200 Day SMA. Euro bulls needed price to close above 200 SMA which is not happening as of now. 
  • Pair may make another attempt at 200 SMA if the set up in hourly charts remain intact. If one see the hour chart the price is still above the cloud. If price gets support at hourly cloud another up move is possible.

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