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EURUSD






8/29/2017 1:48:34 AM

EURUSD - Technical Analysis: Tuesday, 29/08/2017 05:48 GMT



The EURUSD pair continues to rise after retesting 1.1910 level that was breached previously, to keep the bullish trend valid inside the ascending channel that appears on the chart below, noting that our next target rises to reach 1.2125.

Settling above 1.1910 is important to continue the expected rise, as breaking it will push the price to test 1.1783 before attempting to rise again.


Target
Risk


Support
Resistance


Trend Bullish

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