{"id":80071,"date":"2015-10-25T11:25:28","date_gmt":"2015-10-25T15:25:28","guid":{"rendered":"http:\/\/countingpips.com\/?p=80071"},"modified":"2015-10-25T12:08:30","modified_gmt":"2015-10-25T16:08:30","slug":"eurusd-sees-bear-pressure-with-price-extension-risk","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/eurusd-sees-bear-pressure-with-price-extension-risk\/","title":{"rendered":"EURUSD Sees Bear Pressure With Price Extension Risk"},"content":{"rendered":"<div id=\"inves-3838146853\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 25, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>EURUSD: A large sell-off the past week now left EUR testing its key support located at the 1.1016 level. However, this level should provide a temporary support causing a corrective recovery. But if violated, expect more weakness to occur towards the 1.0950 level. Further down, \u00a0support lies at the 1.0900 level where a violation will aim at the 1.0850 level. A break of here will aim at the 1.0800 level with a turn below that level targeting the 1.0750 level. Below here will shift attention to the 1.07000 level. Its weekly RSI I bearish and pointing lower supporting this view. \u00a0Conversely, resistance is comes at 1.1100 level with a cut through here opening the door for more upside towards the 1.1150 level. Further up, resistance lies at the 1.1200 level where a break will expose the 1.1250 level. All in all, EUR remains biased to the downside.<br \/>\n<img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/10\/EURUSDWeekly3.png\" alt=\"null\" \/><\/p>\n<p>By <a href=\"http:\/\/www.fxtechstrategy.com\" target=\"_blank\">www.fxtechstrategy.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD: A large sell-off the past week now left EUR testing its key support located at the 1.1016 level. However, this level should provide a temporary support causing a corrective recovery. But if violated, expect more weakness to occur towards the 1.0950 level. Further down, \u00a0support lies at the 1.0900 level where a violation will [&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-80071","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80071","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=80071"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80071\/revisions"}],"predecessor-version":[{"id":80073,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80071\/revisions\/80073"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}