Muted price action so far this morning

Posted Thursday, May 5, 2016 by
Skerdian Meta • 1 min read

In the previous few days, we have seen some nice price action in the forex market. Today the range has been very narrow so far. That said, it is starting to pick up pace. EUR/USD just broke below the 100 MA and GBP/USD broke below the 20 MA and is headed towards the 200 MA. Hopefully, that will light the things up a bit. 

The 100 MA has finally been broken

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