A target on the EUR/USD chart via ForexLive

July 22, 2014 1:54 PM | 23 seconds read |

One spot to watch on the EUR/USD chart as it breaks to the lowest levels of the year is the 200-week moving average at 1.3426.

It hasn't been a particularly pivotal level but it's one that bears watching.

EURUSD weekly

EUR/USD weekly

The orderboard is light until 1.3400 and the pair has struggled to bounce from its lows today.

posted via ForexLive

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