May 13, 2014

EURUSD Testing 200 Day SMA

  • EURUSD Testing Multiple support levels like 200 SMA and Golden ratio. Possible rising support line too is trying to act as support.
  • Price has broken below the 20 Week SMA whcih was discussed earlier. If price gets support at the above mentioned levels then the weekly candle may get back above 20 Week SMA.

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