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Tuesday, September 20, 2016

rhein

EURUSD Moves around 1.1170 Support

Not many EURUSD move in trade Asian session on Tuesday (20/9/2016), some economic data from the US will affect the movement of today, but the main attention is fixed on the Federal Reserve's monetary policy meeting of the U.S.

On the 4 hour chart, EURUSD looks stuck in support 1.1170, if Pierce and moves are consistent under the area, the price will likely come down to the area of 1.1140 1.1120, before heading if 1.1140 successfully bypassed.

While if kept moving above support 1.1170, EURUSD will likely strengthen 1.1200 resistant test. Required above the area of transpiration to continue strengthening the 1.1225. The opportunity to be open if 1.1260 area 1.1225 bypassed.

Resistant: 1.1200 1.1225, 1.1260,
Support: 1.1170, 1.1140, 1.1120


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