EURUSD September, 09 2020
Overview:
The above chart shows that the pair is trading above a strong support level around 1.1750, which enhances the bullish chances during today's trading.
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.1840
Alternative Scenario:
On the other hand, we believe that if the 1.1750 level is broken to the downside, this pair might push down to 1.1700
Resistance | 1.1840 | 1.1900 | 1.1930 |
Support | 1.1840 | 1.1820 | 1.1800 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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