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
EUR/USD Fails to Hold Critical 1.1460s

EUR/USD Fails to Hold Critical 1.1460s

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“EUR/USD took out major resistance (1.1460s) early this week before reversing at the underside of former trendline support. This is the same trendline that capped the February rally. Watch the internal trendline that was support on 4/22 and 4/25. Failure to hold that line would indicate a failed breakout. SSI has been net short since 3/3 on a daily close basis.” EUR/USD failed to hold ‘the line’ and the suggestion is that the breakout has failed.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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