» Euro Trendline Support Just above Friday’s Low

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Home > Chart of the Day > Euro Trendline Support Just above Friday’s Low

The EURUSD ends Monday on a weak note and is nearing channel support and the Friday low at 13155. A drop below should find support at 13120. The critical level for the larger trend is the 2/6 low at 13026. Pattern is constructive above 13026 towards Fibonacci objectives at 13435 and 13630. 13220 is resistance tonight.

Bottom Line: Flat

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