EURUSD moves above the 100 hour MA and runs higher. ...Middle East

This retreat could be a warning sign for buyers. That said, as long as the price holds above the 100-hour moving average, the door remains open for upside momentum to continue. However, a move back below the 100-hour MA would weaken the bullish bias, and likely lead to disappointment on the failed break.

This article was written by Greg Michalowski at www.forexlive.com.

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