EURUSD awaits more rising – Analysis - 14-09-2018

Economies.com
2018-09-14 03:52AM UTC

The EURUSD pair settles at 1.1705 level, getting positive support by moving above the EMA50, waiting for more rise to breach the mentioned level and open the way to head towards 1.1800 that represents our next main target.

 

Holding above 1.1620 and 1.1554 levels is important to continue the expected rise, as breaking these levels will put the price under negative pressure that its targets begin by testing 1.1443 level.

 

Expected trading range for today is between 1.1600 support and 1.1800 resistance.

 

Expected trend for today: Bullish

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