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EURUSD moves to new lows and below 100 day MA ahead of London fix

May 2, 2021 by admin 0 Comments

Dollar moving higher.

The EURUSD is moving below its 100 day moving average of 1.20537, and trades to a new session lows just ahead of the London fixing at the top of the hour.

The dollar is also moving higher vs other pairs as well. The GBPUSD is trading a new lows, the USDJPY and USDCHF are trading a new highs (the USDCHF is testing its 100 hour moving average at 0.9122). THe AUDUSD and NZDUSD are racing lower as well.

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This article was originally published by Forexlive.com. Read the original article here.