There are just a couple to take note of, as highlighted in bold.
They are for EUR/USD at the 1.0500 and 1.0520 levels. Similar to last week, the former will be the more important one to watch as it sits alongside a key technical support region for the pair. That will once again be a key downside level to watch out for throughout this week. If buyers can hold above that, they could yet stand a decent shot at reversing the near-term bias in the sessions ahead. The 100-hour moving average is now seen at 1.0575.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.
They are for EUR/USD at the 1.0500 and 1.0520 levels. Similar to last week, the former will be the more important one to watch as it sits alongside a key technical support region for the pair. That will once again be a key downside level to watch out for throughout this week. If buyers can hold above that, they could yet stand a decent shot at reversing the near-term bias in the sessions ahead. The 100-hour moving average is now seen at 1.0575.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.