Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-βA period of range trading or at least a slowing in downside momentum may be in the works with the rate at a very long term level (line off of 2008 and 2010 lows).β EURUSD has held up but be aware of resistance near 1.11 (Jan low and slope resistance). A break above there would open up Feb highs at 1.1450 and 1.1533.