{"id":9186,"date":"2010-05-06T08:45:12","date_gmt":"2010-05-06T12:45:12","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9186"},"modified":"2010-05-06T08:45:12","modified_gmt":"2010-05-06T12:45:12","slug":"forex-technical-analysis-eurusd-break-of-long-term-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/06\/forex-technical-analysis-eurusd-break-of-long-term-support\/","title":{"rendered":"Forex Technical Analysis \u2013 EUR\/USD \u2013 Break of Long Term Support"},"content":{"rendered":"<p><strong>By Russell Glaser<\/strong> &#8211; The recent damage that has been done to the euro by hand of the  dollar may show where the EUR\/USD is headed in the long term. The weekly  chart below displays the next price targets.<\/p>\n<p>1.\tYesterday the pair broke the long term  support level from the previous bullish trend at 1.2885. Today the  price of the pair moved lower to the short term support at 1.2750.<\/p>\n<p>2.\tThe next short term target for the pair can be found at 1.2600.<\/p>\n<p>3.\tIn the long term, the major support is the bottom of the pair\u2019s  previous bearish trend at 1.2450.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/EUR_USD_Weekly.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/EUR_USD_Weekly.JPG\" alt=\"\" width=\"595\" height=\"574\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex                               Yard.<\/strong><\/a><\/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 recent damage that has been done to the euro by hand of the dollar may show where the EUR\/USD is headed in the long term. The weekly chart below displays the next price targets. 1. Yesterday the pair broke the long term support level from the previous bullish trend at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/06\/forex-technical-analysis-eurusd-break-of-long-term-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex Technical Analysis \u2013 EUR\/USD \u2013 Break of Long Term Support&#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-9186","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9186","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=9186"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9186\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}