EUR/US Trading

With current price at 1.1783 and the earlier price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending angle at 1.1801.

Move under 1.1801 will indicate the presence of sellers. The daily chart indicates the next target angle comes in at 1.1731. This is the last potential support angle before the 1.1661 main bottom. Happy Forex Trading

EUR/US Forcast

Momentum takes it higher then look for a move into a short-term 50% level at 1.1965, an down trending angle at 1.1972, followed by a short-term Fibonacci level at 1.1995. Taking out 1.1995 will indicate the buying is getting strong. Happy Forex Traders

EUR/US - Currency Trading

EUR/US: holding 1.1926 and overcoming the 50% level at 1.1958 will signal the presence of buyer. This could drive the market into an uptrending angle at 1.1983. Happy Currency Trading