.The EURUSD and the GBPUSD both bounced off key per hour moving averages on the US treatment dip.The EURUSD jumped off its own 100-hour MA at 1.0920. The 38.2% retracement of the move-up from the August low is also near that level. Staying above is even more favorable going forward.The GBPSD and also soffits 200-hour relocating standard at 1.2753. Keeping above is actually extra bullishThe cost action today has actually been up-and-down in each of these unit of currency pairs. There is actually no fad. However, the dip versus the level, offers the shoppers handle in the short-term. What doubts is if the momentum can carry on. However, the buyers are make a play.This post was actually composed by Greg Michalowski at www.forexlive.com.