EURUSD moves higher after better CPI data. Finds sellers vs the 200 hour MA
EURUSD trades between 100/200 hour MA
The USD moved lower on the initial reaction to the lower than expected CPI.
For the EURUSD, the price moved higher, but did find sellers leaning against its 200 hour moving average at 1.1840. The high price reached 1.18406. The current price is trading at 1.1832.
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September 14, 2021 at 05:54AM