EUR/USD Current Price: 1.4318. Consolidating between 1.4280/1.4340, hourly charts look slightly bullish for the pair, as well as 4 hours ones. Well above 20 SMA with strong bullish slope, pair will likely to follow regional stocks as usual; still moving in range in bigger time frames, pair needs to break above the 1.4385 area, daily descendant trend line, to gain some upside momentum an attempt a test of the 1.4445 year high.
“Under 1.4280 pair could turn bearish in the short term yet better if breaks under 1.4250,” said
Support levels: 1.4280 1.4250 1.4180. Resistance levels: 1.4340 1.4385 1.4445.
EUR/USD (Sep 07 at 06:47 GMT)
1.4338/39 (0.23%)
H 1.4343 L 1.4299
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4240 | 1.4276 | 1.4312 | 1.4322 | 1.4358 | 1.4394 |
| [?]Trend Index | [?]OB/OS Index |
| Neutral | Neutral |
| Data updated on Sep 07 at 06:05 (15-minute timeframe) | |
