EUR/USD – Intermediate-term View

July 18, 2014 1:39 PM UTC in News

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18 July 2014

Last 1.3495:

Still targeting to 1.3295 in major wave C. Today the pair is attempting to get through key support at 1.3500…Next daily swing support comes in at 1.3475. Third pivot support at 1.3489 today…finding some support there at the moment.

About Jack the Pipper

Jack is founder and president of Black Swan Capital LLC. He has also operated a discretionary money management firm specializing in global stock, bond, and currency asset management for retail clients. In addition, he was a general partner in a firm specializing in currency futures and commodities trading. Neither firm is now in operation. Prior to entering the investment arena, Jack worked in various corporate finance positions. He has written extensively on the subject of global currencies and international economics.