300 Minute Bars

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Prepared by Jamie Saettele, CMT

The EURUSD has already reached the often mentioned 13520. This level is former support and the confluence of several channels. Even a move slightly above 13520 would face resistance from the 20 day average at 13550. Still in 3 waves from the low, the EURUSD is vulnerable at the current level. Short term support is 13400.