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EUR/USD Technical analysis 13 September 2018

2018-09-13 05:31 am | Resource: Technical Analysis | No Views : 278

Time frame Used - four hours
The EURUSD is moving in a sideway direction in the near term
The EURUSD is still facing resistance and selling pressure around levels of  1.1628 - 1.1657
In view of the technical indicators
Both the RSI and Stochastic are indicating to weakness of the indicators
  Therefore, we expect that the EURUSD will test the 1.1529 levels again
  The alternative scenario is that the EURUSD breach level of 1.1628 higher to test the EURUSD levels of  1.1690 - 1.1718
   Resistance: 1.1628 - 1.1690 - 1.1718
Support: 1.1592 - 1.1529 - 1.1490
Direction: sideway
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