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EURUSD






8/30/2017 11:40:18 PM

EURUSD - Technical Analysis: Wednesday, 31/08/2017 03:40 GMT



The EURUSD pair broke 1.1910 level and settled below it, which might push the price to test the ascending channel's support around 1.1805 before turning back to rise again.

Thus, it is expected to witness temporary negative trades in the coming period, but the overall bullish trend still valid unless pushing on 1.1805 level to break it and settle below it, noting that RSI heads to gain positive momentum that we expect to help the price to turn back to rise.


Target
Risk


Support
Resistance


Trend Bullish

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