{"id":13418,"date":"2010-09-28T10:07:02","date_gmt":"2010-09-28T14:07:02","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13418"},"modified":"2010-09-28T10:07:02","modified_gmt":"2010-09-28T14:07:02","slug":"eurusd-new-price-target","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/28\/eurusd-new-price-target\/","title":{"rendered":"EUR\/USD \u2013 New Price Target"},"content":{"rendered":"<p><strong>By Russell Glaser<\/strong> &#8211; The EUR\/USD is currently testing a technical resistance level that  once breached should solidify the rising trend and a retracement of the  December to June bearish trend.<\/p>\n<p>During the Japanese trading session on  Monday the EUR\/USD tested and failed to break 1.3510 (R1), the 50%  retracement level of the previous bearish trend that spanned from  December to June. Following the failed breach the pair has fallen to the  price of 1.3400.<\/p>\n<p>Should the EUR\/USD close above the 50% level, the next technical  target would be found at the 61.8% Fibonacci retracement at 1.3890.<\/p>\n<p>Support for the EUR\/USD comes in at the height of the June to August bullish move at 1.3330 (S1).<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/09\/EURUSD-Daily2.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/09\/EURUSD-Daily2.JPG\" alt=\"\" width=\"535\" height=\"668\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                              may     not    be          suitable     for     all                investors.            There       is   a                               possibility              that                  you      could                sustain a    loss          of   all      of          your                             investment  and                        therefore   you                    should      not             invest             money      that        you                   cannot           afford to                   lose.   You                 should      be           aware       of             all       the         risks                     associated         with             Foreign             Exchange                    trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Russell Glaser &#8211; The EUR\/USD is currently testing a technical resistance level that once breached should solidify the rising trend and a retracement of the December to June bearish trend. During the Japanese trading session on Monday the EUR\/USD tested and failed to break 1.3510 (R1), the 50% retracement level of the previous bearish &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/28\/eurusd-new-price-target\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR\/USD \u2013 New Price Target&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13418","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=13418"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13418\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}