Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
EURUSD Short Entry on a Bounce

EURUSD Short Entry on a Bounce

Jamie Saettele, CMT, Sr. Technical Strategist


eliottWaves_eur-usd_body_eurusd.png, EURUSD Short Entry on a Bounce

Prepared by Jamie Saettele, CMT

Focus remains on 13003 and 12877 (1/13 high…100% extension of decline from the top is at 12903 as well) but the specter of 5 waves down from 13380 gives scope to a corrective advance back towards 13165. 13105 acts as interim resistance. Watch the underside of the freshly broken January-March trendline for resistance as well.

Bottom Line (next 5 days): lower

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.