Forex technical analysis: EURUSD hanging above and below the 17 day midpoint
Yesterday was spent mostly below the 50% midpoint. Today has been spent mostly above the 50% midpoint.
The EURUSD has traded in a 1.1823 to 1.2092 up and down range for 17 days. The midpoint of that range is 1.1957. The 200 hour MA comes in at 1.19635. Most of the trading yesterday was spent below