EUR/USD Trading at 2010 Low
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-EURUSD is trading at the 2010 low and the next major support probably wouldn’t be until the 2005 low at 1.1640. The current level is also reinforced by a downward sloping parallel that extends off of the November low (parallel to the line that extends off of the June and October lows…the parallel was helpful in shorting throughout October and November).
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