EURUSD snaps back. Tests 100 hour MA

Technical Analysis

100 hour MA at 1.10853

The EURUSD fell to test the lows of the day in the first minute after the Powell headlines (low reached 1.1051), but has bounced back and trades up to the 100 hour MA above at 1.10853.  The high just reached 1.10842.  The price has backed off on the first test. 

ForexLive

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