Technical Analysis: EURUSD test 100 hour MA and finds sellers on first test via ForexLive

The headlines from Draghi have not pushed the price outside the barriers so far . The price is a touch higher but the 100 hour MA is containing the upside so far (see blue line in the chart below).  A move above the 1.2655-60 will tip the bias for the day more to the upside with the 1.26963 the next target.

EURUSD holds against the 100 hour MA after comments from Draghi.

posted via ForexLive