{"id":2344,"date":"2011-11-24T03:47:51","date_gmt":"2011-11-24T08:47:51","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2344"},"modified":"2011-11-24T03:47:51","modified_gmt":"2011-11-24T08:47:51","slug":"euro-approaches-key-support","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/euro-approaches-key-support\/","title":{"rendered":"Euro approaches key support"},"content":{"rendered":"

The euro is headed for a test of primary support at $1.32.\u00a0 The peak below zero on 63-day Twiggs Momentum indicates a strong primary down-trend. Failure of support would offer a target of $1.22*.<\/p>\n

\"EURUSD\"<\/p>\n

* Target calculation: 1.32 – ( 1.42 – 1.32 ) = 1.22<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The euro is headed for a test of primary support at $1.32.\u00a0 The peak below zero on 63-day Twiggs Momentum indicates a strong primary down-trend. Failure of support would offer a target of $1.22*. * Target calculation: 1.32 – ( 1.42 – 1.32 ) = 1.22<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[1292,1309,2758,3510],"class_list":["post-2344","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-euro","tag-eurusd","tag-primary-down-trend","tag-twiggs-momentum"],"yoast_head":"\nEuro approaches key support - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro approaches key support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The euro is headed for a test of primary support at $1.32.\u00a0 The peak below zero on 63-day Twiggs Momentum indicates a strong primary down-trend. 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Failure of medium-term support would test the primary level at $1.32. In the long-term, breach of $1.32 (if the Greeks vote \"No\") would offer a target of $1.22*. 63-Day Twiggs Momentum holding below the zero line suggests continuation of\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1941,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/17\/euro-drags-sterling-lower\/","url_meta":{"origin":2344,"position":1},"title":"Euro drags sterling lower","author":"ColinTwiggs","date":"November 17, 2011","format":false,"excerpt":"The euro broke support at $1.36 and is headed for a test of primary support at $1.32. Respect of zero by 63-day Twiggs Momentum signals a strong down-trend. Failure of support would signal a decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 The\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2502,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/01\/euro-sterling-rally\/","url_meta":{"origin":2344,"position":2},"title":"Euro Sterling rally","author":"ColinTwiggs","date":"December 1, 2011","format":false,"excerpt":"The euro respected primary support at $1.32. Recovery above $1.36 would signal another attempt at $1.42. But the primary trend, as indicated by 63-day Twiggs Momentum below zero, is downward and breakout below $1.32 would signal a decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 )\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1848,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/euro-sinks-dragging-sterling-lower\/","url_meta":{"origin":2344,"position":3},"title":"Euro sinks, dragging sterling lower","author":"ColinTwiggs","date":"November 10, 2011","format":false,"excerpt":"EURUSD broke through $1.36 warning of another test of primary support at $1.32. Respect of the zero line by 63-day Twiggs Momentum confirms a primary down-trend. Failure of support would offer a target of $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 GBPUSD is being\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2645,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/15\/forex-update-euro-breaks-support\/","url_meta":{"origin":2344,"position":4},"title":"Forex update: Euro breaks support","author":"ColinTwiggs","date":"December 15, 2011","format":false,"excerpt":"The euro broke through primary support at $1.32, warning of another primary decline with a target of $1.22*. Declining 63-day Twiggs Momentum indicates a strong primary down-trend. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 Pound Sterling is testing primary support at $1.54, while 63-day Twiggs\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2577,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/08\/forex-update\/","url_meta":{"origin":2344,"position":5},"title":"Forex update","author":"ColinTwiggs","date":"December 8, 2011","format":false,"excerpt":"The euro is likely to re-test primary support at $1.32 against the greenback. Declining 63-day Twiggs Momentum, below zero, warns of continuation of the primary down-trend. 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