Forex technical analysis: EURUSD extends range. Move above 200 hour MA stalls.
First move above the 200 hour MA since September 22nd.
The EURUSD moved to a new session high and above the 200 hour MA (green line) at 1.17501. In the process the pair extended back above its 100 hour MA at 1.17386 and a topside trend line at 1.1745. Those levels now become support for bulls