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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
EUR/USD Trades to 2 Year Low; Know 1.2660 and 1.2623 as Levels

EUR/USD Trades to 2 Year Low; Know 1.2660 and 1.2623 as Levels

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

EUR/USD Trades to 2 Year Low; Know 1.2660 and 1.2623 as Levels

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-1.2744 was traded today and EURUSD reached a 2 year low. 1.2660 (November 2012 low) and 1.2623 (January 2012 low) are levels to know for possible support and/or exhaustion that leads to a sharp multi-day advance (how dare I mention as much).

-Exceeding 1.2900 would suggest that a tradable low is in place.

--Tradingideas are availabletoJ.S. Trade Desk members.

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

DISCLOSURES