-
EUR/USD – Rallies Off Long Term Support Level at 1.28
The Euro has finally show some resilience and has been able to rally a little higher off the long term support level at 1.28, although it has run into some short term resistance around 1.2880. Despite this small rally, the Euro still continues to show very few signs of wanting to regain any lost ground as it makes its way towards the key long term support level of 1.28. After reaching a four month high above 1.34 a few weeks ago, the EUR/USD is in the midst of a very solid medium term down trend which has seen it fall sharply and move to within reach of 1.28 for the first time in six weeks. Its decline was slowed a ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 9, 2013 12:43am Jul 9, 2013 12:43am
- fx_forever
- | Joined Dec 2012 | Status: Member | 10 Comments
- Comment #2
- Quote
- Jul 9, 2013 1:00am Jul 9, 2013 1:00am
- skenobi
- Joined Oct 2007 | Status: Former institutional dogsbody | 183 Comments
I'm not trying to convince anyone. I'm not in the "convincing" business.
- Comment #3
- Quote
- Jul 9, 2013 2:10am Jul 9, 2013 2:10am
- PA is King
- Joined Jun 2013 | Status: Member | 2571 Comments
- Comment #4
- Quote
- Jul 9, 2013 10:18am Jul 9, 2013 10:18am
- Guest
- | IP XX.X.113.20