EUR/USD Technical Analysis
EUR/USD is trading above the 50 and 100 Simple Moving Average, and benefiting from upside momentum. However, it is capped under 1.18, which is a psychologically significant level, the highest in two weeks, and where the 200 SMA hits the price.
Further above, 1.1870 was a high point in mid-September and it is followed by 1.1895 and 1.1915.
Support awaits at 1.1735, which provides support in early September, followed by 1.1730, a cushion from last week, and by 1.1610.
Read more from the original article: https://www.forexcrunch.com/eu...
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.