From Strawberry Blonde: My Weekly chart of EUR/USD shows major support at 1.19 and major resistance at 1.2125. The recent bearish Death Cross on this timeframe suggests further weakness to come…look out below 1.19, imho.
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Nobody Expects The Spanish Inquisition
SPX tested and held the daily middle band on Friday. That closed at 2053 and if that is broken with any confidence today then the next decent support is at the daily 50 MA and EMA in the 2036/7 area. If that breaks then the very obvious target will be rising (wedge) support from 1820 in the 2010 area. SPX daily chart: