EURUSD test topside target at 200 bar MAs

17 June 2016, 16:18
Sherif Hasan

200 hour and 200 bar MA on 4-hour at the same area

The EURUSD has extended up to the targets resistance ag. the 200 bar MAs defined by the 200 hour MA and the 200 bar MA on the 4-hour chart. Earlier  in the US session , the 100 bar combo (hourly and 4-hour) held. This would be a pretty technical picture. Risk is defined and limited against the area.

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