ap8forexchange

EURUSD Forex Weekly - 7 - 11 Sept 2020

Long
FX:EURUSD   Euro / U.S. Dollar
Technically we are still looking at EUR/USD on long-term bullish trend and current on sideline trading remain above 1.1800 on strong support key level pitchfork fibo 1.618.

If price break below 1.1800 we would see another retest to next support level 1.1700 BRN fibo 2.168 retracement level.

The current view on long-term US Dollar weakness would bring EURO higher and no reason at the moment to short on US Dollar

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.