{"id":90310,"date":"2016-05-25T08:17:14","date_gmt":"2016-05-25T12:17:14","guid":{"rendered":"http:\/\/countingpips.com\/?p=90310"},"modified":"2016-05-25T09:25:23","modified_gmt":"2016-05-25T13:25:23","slug":"eurusd-break-of-1-1130-opens-1-1050-target","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/eurusd-break-of-1-1130-opens-1-1050-target\/","title":{"rendered":"EUR\/USD break of 1.1130 opens 1.1050 target"},"content":{"rendered":"
May 25, 2016<\/div>
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By Admiral Markets<\/b><\/p>\n

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The EURUSD broke through 1.1175 level as I showed on Live Session Recap<\/a> webinar, touching the target. Now, trade should be focused on 1.1140 important support (X – Cross with equidistant lower channel line). Pullbacks towards 1.1250 could be shorted as 1.1250-70 is important cluster of resistance – POC zone (WPP, H3, EMA89, inner trend line). The pair is making a slow grind towards lower levels.<\/p>\n

If 1.1130 fails, 1.1050 is next. Downside will stay intact as long as POC zone holds. Only if price breaks through 1.1270 we can expect an uptrend with 1.1390 as the target.<\/p>\n

Follow @TarantulaFX<\/a> on twitter for latest market updates<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/USD break of 1.1130 opens 1.1050 target<\/a><\/p>

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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":"

By Admiral Markets The EURUSD broke through 1.1175 level as I showed on Live Session Recap webinar, touching the target. Now, trade should be focused on 1.1140 important support (X – Cross with equidistant lower channel line). Pullbacks towards 1.1250 could be shorted as 1.1250-70 is important cluster of resistance – POC zone (WPP, H3, […]<\/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-90310","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90310","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=90310"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90310\/revisions"}],"predecessor-version":[{"id":90311,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90310\/revisions\/90311"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}