EUR/USD Current Price: 1.4270. Nikkei 225 opened down 0.4% as expected, helping to keep upside capped in the pair for current session; hourly indicators turned flat, suggesting some consolidation ahead, before next movement: as long as under 1.4300, pair could well be completing a correction ahead of another leg down.
“Bigger time frames remain bearish, with pair capped under 20 SMA. Break under 1.4250 is needed to confirm the bias,” said
Support levels: 1.4250 1.4210 1.4180. Resistance levels: 1.4280 1.4310 1.4340.
EUR/USD (Sep 03 at 05:31 GMT)
H 1.4283 L 1.4248
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4200 | 1.4236 | 1.4272 | 1.4280 | 1.4316 | 1.4352 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Sep 03 at 04:40 (15-minute timeframe) |
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