{"id":54600,"date":"2014-07-21T22:23:50","date_gmt":"2014-07-22T02:23:50","guid":{"rendered":"http:\/\/countingpips.com\/?p=54600"},"modified":"2014-07-21T22:23:50","modified_gmt":"2014-07-22T02:23:50","slug":"eurusd-remains-in-downtrend-from-1-3700-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/07\/eurusd-remains-in-downtrend-from-1-3700-2\/","title":{"rendered":"EURUSD remains in downtrend from 1.3700"},"content":{"rendered":"<div id=\"inves-1568119792\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 21, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>EURUSD remains in downtrend from 1.3700, the rise from 1.3490 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.3300 area. On the upside, a clear break above the channel resistance will indicate that the downward movement had completed at 1.3490 already, then further rally to 1.3670 area could be seen.<\/p>\n<div style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexcycle.com\/archive2014\/20140722_EURUSD_1.png\" alt=\"eurusd chart\" width=\"400\" height=\"300\" border=\"0\" \/><\/div>\n<p>Article by <a href=\"http:\/\/www.forexcycle.com\" target=\"_blank\">www.forexcycle.com<\/a><\/p>\n<hr>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD remains in downtrend from 1.3700, the rise from 1.3490 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.3300 area. On the upside, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54600","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54600","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=54600"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/54600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=54600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=54600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=54600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}