EURUSD rotates back between the 100 and 200 hour moving averages

Break to the upside fails The EURUSD and move lower after the retail sales report. The EURGBP is also pushing back to the downside after earlier gains.  Looking at the hourly chart, the price of the pair broke above a topside trendline in the 200 and 100 hour MAs after waffling up and down for most of Monday’s trade.  […]

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