{"id":76951,"date":"2015-08-16T10:09:39","date_gmt":"2015-08-16T14:09:39","guid":{"rendered":"http:\/\/countingpips.com\/?p=76951"},"modified":"2015-08-16T11:49:38","modified_gmt":"2015-08-16T15:49:38","slug":"eurusd-retains-recovery-tone-targets-more-strength","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/eurusd-retains-recovery-tone-targets-more-strength\/","title":{"rendered":"EURUSD: Retains Recovery Tone, Targets More Strength"},"content":{"rendered":"<div id=\"inves-1117085122\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 16, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>EURUSD: With EUR seeing closing higher the past week, it now faces the risk of following through higher in the new week. Note that we may see a slight pullback in the new week. Support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level with a turn below that level targeting the 1.0900 level. Resistance is seen at 1.1150 level with a cut through here opening the door for more downside towards the 1.1200 level. Further up, resistance lies at the 1.1250 level where a break will expose the 1.1300 level. All in all, EUR remains biased to the upside on correction.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/08\/EURUSDWeekly3.png\" alt=\"null\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>By\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\">fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD: With EUR seeing closing higher the past week, it now faces the risk of following through higher in the new week. Note that we may see a slight pullback in the new week. Support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim [&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-76951","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76951","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=76951"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76951\/revisions"}],"predecessor-version":[{"id":76953,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/76951\/revisions\/76953"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=76951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=76951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=76951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}