EUR/USD Technical Analysis

(1,3337) The EUR/DOLL confirmed a strong closing above the top of the last few sessions suggesting further upside potential probably toward a retest of the 1,3450 area. The indicators of the daily chart are again above the line but those of the s/t ones are still showing a mixed picture suggesting some more consolidation. While below 1,3350 on an hourly closing we should be able to see a test of the support line at 1,3305 where we expect some support before the 200 hours line, now found at 1,3257! We keep staying short for now.

Read the full report: EURUSD 09.17

 

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