29/12/2014 EURUSD to remain supported at 1.2168


dollar, Draghi, ECB, EUR/USD, EUR/USD Forecast, EURO, European Central Bank, EURUSD analysis, EURUSD outlook, EURUSD technical analysis, Mario Draghi, ABS, TLTROs, Targeted LTRO, asset backed securities, broad based asset purchases, U.S Dollar, USD, EUR/USD outlook, EURUSD forecast, EUR/USD technical analysis, EUR/USD analysis, EUR/USD projections, EURUSD projections, EURO, minimum bid rate EURUSD continues to extend its losses after closing at 1.2176 lat week.

dollar, Draghi, ECB, EUR/USD, EUR/USD Forecast, EURO, European Central Bank, EURUSD analysis, EURUSD outlook, EURUSD technical analysis, Mario Draghi, ABS, TLTROs, Targeted LTRO, asset backed securities, broad based asset purchases, U.S Dollar, USD, EUR/USD outlook, EURUSD forecast, EUR/USD technical analysis, EUR/USD analysis, EUR/USD projections, EURUSD projections, EURO, minimum bid rate Candles continue to remain at the bottom of the trend channel at Fibonacci extension 161.8% at 1.2197. Candles are expected to retrace before a continuation of downtrend occurs.

dollar, Draghi, ECB, EUR/USD, EUR/USD Forecast, EURO, European Central Bank, EURUSD analysis, EURUSD outlook, EURUSD technical analysis, Mario Draghi, ABS, TLTROs, Targeted LTRO, asset backed securities, broad based asset purchases, U.S Dollar, USD, EUR/USD outlook, EURUSD forecast, EUR/USD technical analysis, EUR/USD analysis, EUR/USD projections, EURUSD projections, EURO, minimum bid rate Candles were observed to resist at 1.2218 before falling and now are supported at 1.2168.

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Bullish in the short run/ Bearish in the long run 1.2084 1.2168 1.2218 1.2260  1.2380

 

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