Re-approaching 50% midpoint and 200 hour MA
Dow reached 31158.76 or -1.15%.
Should the price continued to move higher, the pair would approach the 50% midpoint of the move up from the February 1 low of 12985.05. That low was approached today but fell 18 points shy of the level. The midpoint level comes in at 13580.08.
- Chinese app Meitu buys $40 million worth of bitcoin and ethereum
- NEWS: AUD/USD nears the Friday low as dollar gains extend March 08, 2021 at 09:48AM
- NEWS: Eurozone March Sentix investor confidence 5.0 vs 1.4 expected March 08, 2021 at 09:30AM
- NEWS: Was the dollar written off too quickly at the start of the year? March 08, 2021 at 09:22AM
- British Pound (GBP) Latest: Brexit Trouble Brewing, GBP/USD Weak But Sterling Strength Remains