Forex Today Analysis and Signals EURUSD 12.17.2013

Below today’s 1.3727 low, a break of 1.3700 would hint at a run towards 1.3688 (23.6% of 1.3294/1.3810). Should this fail to hold its ground, then 1.3675 will provide minor support, below which we would head back towards 1.3650 and potentially to Fridays spike low at 1.3617, where the next Fibo support also lies (38.2% of 1.3294/1.3810).
Overall look for another day of 1.37/1.38, with the short term charts pointing mildly to a test of the downside.
Forex Today Analysis and Signals EURUSD 12.17.2013

Below today’s 1.3727 low, a break of 1.3700 would hint at a run towards 1.3688 (23.6% of 1.3294/1.3810). Should this fail to hold its ground, then 1.3675 will provide minor support, below which we would head back towards 1.3650 and potentially to Fridays spike low at 1.3617, where the next Fibo support also lies (38.2% of 1.3294/1.3810).
Overall look for another day of 1.37/1.38, with the short term charts pointing mildly to a test of the downside.
Posted at 12/17/2013 09:41:00 AM |  by
cahaya