EUR/USD Current Price: 1.4248. Pair spent the last few hours consolidating close to daily highs and with Nikkei opening 0.5% up, pair is set to continue rising during Asian hours. Above 1.4266 yesterdays high, pair could extend rally to the 1.4300 level.
“Hourly indicators remain bullish yet rally looks over extended: expect some downside short correction before any stronger upside run,” said
Support levels: 1.4220 1.4190 1.4140. Resistance levels 1.4268 1.4300 1.4340.
EUR/USD (Aug 20 at 05:09 GMT)
H 1.4258 L 1.4204
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4134 | 1.4170 | 1.4206 | 1.4226 | 1.4261 | 1.4297 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Aug 20 at 05:00 (15-minute timeframe) |
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