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Forex technical analysis: EURUSD pushes higher in early NY trading

Cracks above the 100 bar MA on the 4-hour  at 1.1662

The EURUSD has pushed higher in early NY trading and in the process has moved above the 100 bar MA on the 4-hour chart at 1.1662.


Other technical levels in the area include the:

  • August 2017 low at 1.1661
  • October 6th low at 1.1668. 
  • The neckline of the head and shoulder on the daily chart at 1.1675.

A move above all those levels will give more of a bullish bias for the pair, and disappoint shorts).    


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