{"id":31558,"date":"2012-08-13T02:47:26","date_gmt":"2012-08-13T02:47:26","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/08\/eurusd-is-facing-trend-line-support\/"},"modified":"2012-08-13T02:47:26","modified_gmt":"2012-08-13T02:47:26","slug":"eurusd-is-facing-trend-line-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/13\/eurusd-is-facing-trend-line-support\/","title":{"rendered":"EURUSD is facing trend line support"},"content":{"rendered":"<p>EURUSD is facing the support of the upward trend line on 4-hour chart, as long as the trend line support holds, we\u2019d expect uptrend to resume, and another rise to 1.2600 area is still possible. On the downside, a clear break below the trend line will indicate that the rise from 1.2134 has completed at 1.2442 already, then the following downward movement could bring price to 1.1700 area.<\/p>\n<p><img decoding=\"async\" alt=\"eurusd\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/08\/20120813_eurusd_1.gif\" align=\"none\"><\/p>\n<p><a target=\"_blank\" title=\"\" href=\"http:\/\/www.forexcycle.com\/\">Daily Forex Forecast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD is facing the support of the upward trend line on 4-hour chart, as long as the trend line support holds, we\u2019d expect uptrend to resume, and another rise to 1.2600 area is still possible. On the downside, a clear break below the trend line will indicate that the rise from 1.2134 has completed at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/13\/eurusd-is-facing-trend-line-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EURUSD is facing trend line support&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-31558","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=31558"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}