{"id":9101,"date":"2021-08-09T21:16:36","date_gmt":"2021-08-09T21:16:36","guid":{"rendered":"https:\/\/www.forexanalytix.com\/blog\/?p=9101"},"modified":"2021-08-09T21:16:36","modified_gmt":"2021-08-09T21:16:36","slug":"chart-of-the-day-aug-9th-2021","status":"publish","type":"post","link":"https:\/\/www.forexanalytix.com\/blog\/chart-of-the-day-aug-9th-2021\/","title":{"rendered":"Chart of the Day &#8211; EURUSD &#8211; (August 9th, 2021)"},"content":{"rendered":"<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><p><div style='padding-bottom:16px;' class='av-special-heading av-special-heading-h3    '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >EURUSD looks set to test support levels. <\/h3><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '  style='font-size:14px; '  itemprop=\"text\" ><p>The EURUSD has been trading heavy and with the &#8220;stronger&#8221; US data as of late, the market is starting to anticipate the possibility of a &#8220;taper&#8221; of bond purchases by the FOMC by year end. As a result, the EURUSD looks set to test the horizontal support at the 1.1700 level which are also the March 2021 lows. A break of this level puts the 1.1655 level in view next.<\/p>\n<\/div><\/section><br \/>\n<div class='avia-image-container  av-styling- av-hover-grow   avia-align-center '  itemprop=\"ImageObject\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><a href='https:\/\/www.forexanalytix.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD_2021-08-09_13-52-32-800x431.png' class='avia_image'  ><img class='avia_image ' src='https:\/\/www.forexanalytix.com\/blog\/wp-content\/uploads\/2021\/08\/EURUSD_2021-08-09_13-52-32.png' alt='' title='EURUSD_2021-08-09_13-52-32'  itemprop=\"thumbnailUrl\"  \/><\/a><\/div><\/div><\/p><\/div><div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><div class='av-social-sharing-box  '><div class='av-share-box'><h5 class='av-share-link-description'>Share this entry<\/h5><ul class='av-share-box-list noLightbox'><li class='av-share-link 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