EURUSD September, 09 2020

Technical Analysis
Wednesday, September 09, 2020 - 15:26
Point Trader Group
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

 

Resistance1.18401.19001.1930
Support1.18401.18201.1800

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