Exchange rates

EURUSD

Real-time Estimate TTMZero 11:36:26 2024-04-26 am EDT			5-day change	1st Jan Change
1.068 ^USD	-0.41%		+0.31%	-3.25%

05:32pm	Kansas City Fed Services Activity Index Moves Higher in April	DJ
05:26pm	Wall Street: a bullish end to the week	CF

EUR/USD 1.2600 Put in Place as Key Pivot

November 25, 2014 at 02:30 pm EST

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EUR/USD 1.2600 Put in Place as Key Pivot

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-“One more low may complete 5 waves down from the May high.” EURUSD made a key reversal on 11/7 and an inside week last week. With 5 waves down from the May high, EURUSD could make it back to 1.2886 (former 4th wave) but the downside is favored as long as below 1.2600.

--Tradingideas are availabletoJ.S. Trade Desk members.

original source

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