Forex

End of day analysis for EURUSD 14-09-2018

2018-09-14 20:13:09 GMT (Economies.com)

The EURUSD pair bounced downwards clearly to test the first key support line at 1.1620, which represents the first protecting factor to the continuation of the recently suggested bullish trend scenario, as breaking this level followed by 1.1554 will put the price under the negative pressure and turn the intraday track to decline, while our positive targets begin by breaching 1.1705 to confirm extending the bullish wave towards 1.1800.

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