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Contributors Chart Of The Day For October 9th, 2013 – EUR/USD

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  • Prices are falling as expected after showing a Bearish Engulfing candlestick pattern
  • Near-term support is at 1.3518, the 23.6% Fibonacci retracement
  • Break lower exposes 1.3438 (38.2% Fib); initial resistance at 1.3645(Oct 3 high)

dailyclassics_eur-usd_body_Picture_2.png, EUR/USD Technical Analysis – Euro Selling Accelerating

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