EURUSD moves back to the 50% midpoint of the week’s trading range


Midpoint of the week’s trading range at 1.1094.

Midpoint of the week's trading range at 1.1094.

Above that is the key floor area at 1.1100 to 1.11094. That area was home to swing lows from April, May and most recently in July.  A move back above that old floor (which is now a ceiling) would not be good for the EURUSD bears.  


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