End of day analysis for EURUSD 21-09-2017

Economies.com
2017-09-21 18:58PM UTC

The EURUSD pair traded positively today to breach 1.1915 level and settles above it, which hints that the price is heading to regain the main bullish trend again after the strong decline that it witnessed yesterday, especially that stochastic provides positive signals now, noting that the price needs to breach 1.1973 to confirm the continuation of rising in the upcoming period.

 

Therefore, it is important to monitor today's close and tomorrow's opening to confirm the next trend clearly, noting that breaching 1.1973 will confirm opening the way to head towards 1.2100 that represents the first positive target.

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