Comments on: EUR/USD: Next technical support levels https://fxww.com/eurusd-next-technical-support-levels/ The Professional Source Wed, 26 Sep 2012 06:38:52 +0000 hourly 1 By: Sean Lee https://fxww.com/eurusd-next-technical-support-levels/#comment-450 Wed, 26 Sep 2012 06:30:56 +0000 http://fxww.dreamhosters.com/?p=753#comment-450 Thanks Iridium, yes the 38.2% you are right comes in at same levels so I guess there will be a big fight if/when we get there. We might be able to pick up a quick 70/80 pip rally from there if it holds first test?

]]> By: Iridium https://fxww.com/eurusd-next-technical-support-levels/#comment-449 Wed, 26 Sep 2012 06:26:12 +0000 http://fxww.dreamhosters.com/?p=753#comment-449 Hi Sean,

There is a major resistance at 1.2805-1.2815, which is not only a hi/lo pivot point, but also the fibo 61.8% from the low @ 1.224. In addition, the daily MA200 is not very far from these levels. This makes it a triple reason for at least a rebound, and possibly a change in trend.

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