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  • $USDZAR: A rally from here could be an important tell as to whether the level seen as support previously (17.76) will turn into a point of resistance for sellers to lean against. Get your $USDZAR technical analysis from @PaulRobinsonFX here:https://t.co/TNsQ4JJu6E https://t.co/I4yCjs2ja0
  • The US dollar continued to sell-off this week and the greenback’s future will be decided by commentary from the White House and not the Federal Reserve over the coming days and weeks. Get your #currencies market update from @nickcawley1 here: https://t.co/lpHneO3s2h https://t.co/bZ5klohLNd
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  • My weekend trading video: 'S&P 500 Rises on Trump China Presser, #NFPs and Rate Decisions Ahead' https://www.dailyfx.com/forex/video/daily_news_report/2020/05/30/SP-500-Rises-on-Trump-China-Presser-NFPs-and-Rate-Decisions-Ahead.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/ZvoGoibzj1
EUR/USD

EUR/USD

2013-08-08 23:57:00
Jamie Saettele, CMT, Sr. Technical Strategist
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EUR/USD 1.3300/40 is Now Support; Beware False Break

Daily

eliottWaves_eur-usd_1_body_eurusd.png, EUR/USD

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader?

FOREX Analysis: It’s hard to believe that that the EURUSD isn’t going to trade through 1.3415…and then pull back. Why? Because a well-advertised level (June high in this case) is a common collection area for stops which rarely hold. Former resistance at 1.3340 is the top of estimated support. The bottom of the support zone is the month open at 1.3300.

FOREX Trading Strategy: Flat

LEVELS: 1.3265 1.3300 1.3340 1.3415 1.3500 1.3600

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