EURUSD trades to new lows and eyes the 200 hour/100 day MAs


Falls below 100 hour MA

The EURUSD hass moved to a new session low and in doing so the price moved below the 100 hour MA at 1.11448. That is now close risk for selllers.  

Falls below 100 hour MA

Traders who are short, are now eyeing the 200 hour MA at 1.11242. That is joined by the 50% of the move up from the October 29 low. Below that dual support target area, the 100 day MA comes in at 1.11194. 


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