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Wednesday, September 21, 2016

rhein

EURUSD Underpressure, 1.1120, Support

Forexworld - EURUSD still looks depressed, the focus of the market today fixed on Federal Reserve monetary policy meeting of the US. Further decline is likely to test the support required for 1.1140 transpiration under the area to go down further to test area 1.1120. The opportunity to be open if 1.1090 1.1120 bypassed.

Failure to penetrate down 1.1140 potentially bring prices rise see stochastic indicator in the saturated selling. The closest is dikisaran resistant 1.1170, transpiration over these areas may bring the price rose to 1.1200 area or higher to 1.1225.

Resistant: 1.1170, 1.1200 1.1225,
Support: 1.1140, 1.1120, 1.1090


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