Midday Update of EUR/USD 29-09-2017

in #forex • 7 years ago

The EUR / USD pair is showing some bullish bias to retest 1.1817 now, and as long as the price is below this level, the bearish scenario will remain effective for today, targeting the 1.1662 level mainly.

Keep in mind that a break of 1.1817 will complete the formation of a minor bullish technical pattern that has the ability to return the price to the upside again, to start the positive targets at 1.1956 and extend to 1.2100.

The trading range for today is expected among the 1.1620 support and the 1.1850 resistance

The general trend for today is bearish

#trading #euro #analysis
7 years ago in #forex by
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     7 years ago 

    Thumps up. Tnxx

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     7 years ago 

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     7 years ago 

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