{"id":20646,"date":"2011-04-13T19:04:36","date_gmt":"2011-04-13T23:04:36","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20646"},"modified":"2011-04-13T19:04:36","modified_gmt":"2011-04-13T23:04:36","slug":"eurusd-at-key-potential-resistance","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/13\/eurusd-at-key-potential-resistance\/","title":{"rendered":"EURUSD At Key Potential Resistance"},"content":{"rendered":"<p><strong>EURUSD At Major Fibonacci Level<\/strong><\/p>\n<p>EURUSD managed to move above yesterdays high before the bears pushed price down for a lower close today. The 1.4500 level has confluence with the longer term Fibonacci 61.8 retrace from major weekly swing high\/low levels.<\/p>\n<p>Price also touched an ascending trend line and any drop below todays move could see a breakout move and some form of corrective wave lower.<\/p>\n<p>The order flow could well be inplace for a sustained move lower if this trend line breaks as it has had five perfect touches on the daily chart which will not have escaped the markets attention.<\/p>\n<p>We will be looking for price action around this key level and will post any trades on our\u00a0<a href=\"http:\/\/www.forex-fx-4x.com\">Forex trading<\/a> blog.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"vertical-align: middle;\" src=\"http:\/\/www.forex-fx-4x.com\/1\/wp-content\/uploads\/2011\/04\/20110413_2209.png\" alt=\"\" width=\"502\" height=\"210\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forex-fx-4x.com\" target=\"_blank\">forex-fx-4x.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EURUSD managed to move above yesterdays high before the bears pushed price down for a lower close today. The 1.4500 level has confluence with the longer term Fibonacci 61.8 retrace from major weekly swing high\/low levels.  <\/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-20646","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20646","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=20646"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}