Greg Michalowski

Forex Trading: EURUSD Falls Below The 1.3530 Low

By Greg Michalowski on | More Posts By | Forex News By FXDD

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The EURUSD has moved below the 1.3530 low price from March 5th and moved to a new low at 1.3519. The pair has longs caught and they scramble to cpver as the weekend approaches. The topside should now use the 1.3539 level as stops to the upside.  The 1.3512 area is support. The market based at this level in early March when the price was last at this area .  A move below targets 1.3482.

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