Fri, 09 Apr 2021 06:46:23 GMT
EUR/USD is pushed by SMA
On Thursday, the support of the 55-hour simple moving average managed to push the EUR/USD up, as just before mid-day the rate started a surge. However, on Friday morning the rate bounced off the 1.1920 level and retraced back to the combined support of the 55-hour SMA and the zone near 1.1880.
If the 55-hour SMA and the 1.1880 support