EURUSD 10/26/2019 Analysis

٢٦ أكتوبر ٢٠١٩

Price recently broke above and is now retesting the 50-period MA, this also lines up with a multiple tested structure zone. We can expect some upside momentum to the blue line. If price breaks the current structure we can easily get plenty more downside movement.

The last high created was a test of the 200-period MA.