FLreports

NEWS: EURUSD continues the run lower today and runs into the 50% retracement May 22, 2020 at 01:54PM

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Swing area and rising 200 hour MA
Today’s fall gathered more downside momentum on a break below the 100 hour MA, and then the 38.2% retracement.  The fall, however, has stalled over the last 4 or so hours as the price tested the 50% retracement at 1.08909, the swing area at 1.0884 to 1.0896 (yellow area).

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