Greg Michalowski

Forex Trading: Eur/Usd Threatens Support 1.3235-40

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

The pair just traded down to 1.3235. This is the same level of the 61.8% fibo (1.3235) of move down from 1.3283 to 1.3153. Also, the 100 hour M/A lies at 1.3238 for added support.

A break below may bring Eur/Usd to 1.3200, if the pair holds a test of the session high of 1.3261 is in the cards.

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