{"id":100841,"date":"2017-01-16T06:09:06","date_gmt":"2017-01-16T11:09:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=100841"},"modified":"2017-01-16T06:09:06","modified_gmt":"2017-01-16T11:09:06","slug":"eurusd-bullish-poc-zone-above-1-0560","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/01\/eurusd-bullish-poc-zone-above-1-0560\/","title":{"rendered":"EUR\/USD Bullish POC zone above 1.0560"},"content":{"rendered":"<div id=\"inves-2580107777\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 16, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-01-16_11-27-15.png\"><\/p>\n<p>The EUR\/USD has turned bearish around 1.0660 where it was sold heavily as <a href=\"https:\/\/admiralmarkets.com\/education\/webinars\/session-recap-eur-usd-gbp-usd-aud-usd-and-more\" target=\"_blank\">expected<\/a>. The pair is currently ranging but as long as interim key support at 1.0500 is intact it might spike again. This time bulls might have a control as we see a confluence at 1.0560-80 (ABCD, L5, ATR, Order block). The spike above the POC might retest 1.0620 and 1.0685 subsequently. Additionally, we might see bears again around 1.0685 as we can easily see historical sellers there. Break of 1.0500 will put EUR\/USD bears in stronger control. I personally don&#8217;t believe in any sustained rally in this pair so if you take long positions, it is advised to scale out and place protective profit stops once you are in the profit.<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/eur-usd-bullish-poc-zone-above-1-0560\" target=\"_blank\">EUR\/USD Bullish POC zone above 1.0560<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p><div id=\"inves-112434937\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets The EUR\/USD has turned bearish around 1.0660 where it was sold heavily as expected. The pair is currently ranging but as long as interim key support at 1.0500 is intact it might spike again. This time bulls might have a control as we see a confluence at 1.0560-80 (ABCD, L5, ATR, Order [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-100841","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=100841"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100841\/revisions"}],"predecessor-version":[{"id":100842,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/100841\/revisions\/100842"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=100841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=100841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=100841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}