{"id":41816,"date":"2013-09-09T08:32:42","date_gmt":"2013-09-09T12:32:42","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41816"},"modified":"2013-09-09T08:32:42","modified_gmt":"2013-09-09T12:32:42","slug":"eurusd-temporary-pull-back-within-larger-downtrend","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/09\/eurusd-temporary-pull-back-within-larger-downtrend\/","title":{"rendered":"EURUSD: Temporary Pull-back Within Larger Downtrend"},"content":{"rendered":"<p>EURUSD found a support on Friday after NFP report around 1.3100 area from where we have seen 80 pip rally back to the wave 2-wave 4 trendline. Usually when this occurs it means that five wave decline is complete and that market reversed into a temporary correction. As such, we are now tracking an A-B-C retracement back to 1.3225-1.3250 region before we may turn bearish again.\u00a0 In that zone we can also see a former wave four that may react as a reversal zone and cause a new sell-off for the pair.<\/p>\n<p><i>EURUSD 4h Elliott Wave Analysis <\/i><\/p>\n<p><img decoding=\"async\" alt=\"EURUSD 4h Elliott Wave Analysis\" src=\"http:\/\/charts.stocktwits.net\/production\/original_15652451.png\" \/><\/p>\n<p><b>Written by <a href=\"http:\/\/www.ew-forecast.com\">www.ew-forecast.com<\/a> | Try EW-Forecast.com\u2019s Services Free for 7 Days at <a href=\"http:\/\/www.ew-forecast.com\/service\">http:\/\/www.ew-forecast.com\/service<\/a> <\/b><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD found a support on Friday after NFP report around 1.3100 area from where we have seen 80 pip rally back to the wave 2-wave 4 trendline. Usually when this occurs it means that five wave decline is complete and that market reversed into a temporary correction. As such, we are now tracking an A-B-C &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/09\/eurusd-temporary-pull-back-within-larger-downtrend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EURUSD: Temporary Pull-back Within Larger Downtrend&#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-41816","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41816","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=41816"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41816\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=41816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=41816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=41816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}