2013.09.25 New York Close – End of US Session
EURUSD Currency Pair Levels & Trend Strength Data
EURUSD climbed back over the 1.3500 level today and closed over that threshold to end the day. The trend continues to be bullish but consolidation seems to be setting in and fall back below 1.3500 could start a short-term downtrend. Likely downside targets include the previous support and resistance level at 1.3400 as well as the 23.6% fibo retracement level. More bullish action will likely see resistance into the 1.3550 — 1.3565 area represented by top of Fibonacci retracement.
Current Market Price: 1.35249
Today’s Pivot Point Levels:
Daily Pivot Point: 1.34848
Weekly Pivot Point: 1.34710
Monthly Pivot Point: 1.32810
Linear Regression Indicator Trend Strength Data:
10-day current trend is BULLISH / Trend strength of 291.9 pips
30-day current trend is BULLISH / Trend strength of 146.1 pips
60-day current trend is BULLISH / Trend strength of 417.9 pips
90-day current trend is BULLISH / Trend strength of 383.6 pips
180-day current trend is BULLISH / Trend strength of 86.9 pips
365-day current trend is BULLISH / Trend strength of 801.8 pips
By CountingPips.com – Forex News
