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Contributors Chart Of The Day For December 17th, 2013 – EUR/USD

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  • A Bearish Engulfing candle pattern hinted at weakness ahead and we entered short
  • Support is at 1.3688 (23.6% Fib ret., trend line); below that targets 1.3613 (38.2% Fib)
  • Near-term resistance is in the 1.3800-31 area (October 25 closing and swing highs)

dailyclassics_eur-usd_body_Picture_12.png, Forex: EUR/USD Technical Analysis – Crucial Support Below 1.37

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