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Delayed 04:19:47 2024-04-26 pm EDT			5-day change	1st Jan Change
2,338 ^USD	+0.34%		-1.72%	+13.39%

10:17pm	TSX Closer: Market Finishes The Week Strong as a Potential Interest-Rate Cut Looks To Remain Distant	MT
08:01pm	Gold Trading Higher Midafternoon as Treasury Yields Ease After a US Inflation Measure Tops Forecast	MT

EUR/USD June-October Line is of Interest for a Low

January 13, 2015 at 02:35 pm EST

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EUR/USD June-October Line is of Interest for a Low

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-EURUSD is trading below the 2010 low and the next major support probably isn’t until the 2005 low at 1.1640. The line that extends off of the June and October lows is just above the 2005 low and is worth paying attention to as a near term exhaustion point and subsequent bounce.

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

original source

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