EURUSD needs strong motive – Analysis - 26-09-2018

Economies.com
2018-09-26 03:52AM UTC

The EURUSD pair continues to fluctuate within sideways track and keeps its stability above the key support 1.1705, to keep the price within the intraday bullish channel that appears on the chart, which supports the chances of continuing the recently suggested bullish trend, depending on the price stability above the mentioned support.

 

Therefore, we will continue to suggest the bullish trend that its next main target located at 1.1975, noting that breaking 1.1705 will put the price under negative pressure that its targets begin at 1.1600 and extend to 1.1443.

 

Expected trading range for today is between 1.1660 support and 1.1860 resistance.

 

Expected trend for today: Bullish

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