{"id":2266,"date":"2009-06-03T08:57:40","date_gmt":"2009-06-03T13:57:40","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=2266"},"modified":"2009-06-03T08:57:40","modified_gmt":"2009-06-03T13:57:40","slug":"eurusd-short-term-trading-idea-technical-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/06\/03\/eurusd-short-term-trading-idea-technical-analysis\/","title":{"rendered":"EUR\/USD Short Term Trading Idea &#8211; Technical Analysis"},"content":{"rendered":"<p>EUR\/USD has created one of our favored chart patterns.<\/p>\n<p>In the below 30 minute timeframe chart, EUR\/USD has created a false break out (See previous post regarding EUR\/CAD) on the lower Bollinger Band. It has since revisited that level and held. We feel that the 1.4195 &#8211; 1.4200 level is a short-term support level.<\/p>\n<p>We buy at market (current ask 1.4206) with a Stop Loss level at 1.4172, and a Target Level of 1.4265<\/p>\n<p>Stay Nimble!<\/p>\n<p>Stephen Leahy<br \/>\nBack Bay FX Services, LLC<br \/>\n<a href=\"http:\/\/www.backbayfx.com\">www.backbayfx.com<\/a><\/p>\n<p>Thanks to FX Sol and Accucharts for the below image.<\/p>\n<p><img decoding=\"async\" style=\"border: medium none;\" src=\"http:\/\/www.backbayfx.com\/news\/images\/EURUSD%20June%203%2030%20min%20chart.JPG\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD has created one of our favored chart patterns. In the below 30 minute timeframe chart, EUR\/USD has created a false break out<\/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-2266","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2266","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=2266"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=2266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=2266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=2266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}