{"id":2454,"date":"2009-06-12T08:55:43","date_gmt":"2009-06-12T13:55:43","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=2454"},"modified":"2009-06-12T08:55:43","modified_gmt":"2009-06-12T13:55:43","slug":"eurusd-at-support-levels","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/06\/12\/eurusd-at-support-levels\/","title":{"rendered":"EUR\/USD at Support Levels"},"content":{"rendered":"<p>EUR\/USD has just broken through the bottom it&#8217;s recent support line (noted in BLUE on the below image). The start of that support is the same level (1.3780 &#8211; 1.3800) as we say as a launching pad for EUR\/USD back in late May (see BLUE circle on below image.) We suspect that the pair will re-test those levels by Tuesday of next week.<\/p>\n<p>Importantly, if the 1.3780 level is breached and holds below that for day or so, we suspect that we will see a slow move down towards the 1.3600 level which is the midpoint of a previous range seen in mid-May.<\/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 Solutions and Accucharts for the below image.<br \/>\n<img decoding=\"async\" style=\"border: medium none;\" src=\"http:\/\/www.backbayfx.com\/news\/images\/EURUSD%202%20hr%20chart%20June%2012.JPG\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD has just broken through the bottom it&#8217;s recent support line (noted in BLUE on the below image). The start of that support is the same level (1.3780 &#8211; 1.3800) as we say as a launching pad for EUR\/USD back in late May (see BLUE circle on below image.) We suspect that the pair will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2009\/06\/12\/eurusd-at-support-levels\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR\/USD at Support Levels&#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-2454","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2454","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=2454"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/2454\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=2454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=2454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=2454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}