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EURUSD Looking to Rebound
Technical Analysis

Written by Chris Regan, 21.9.2017

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EURUSD has panned out and is rising since the sharp drop Wednesday during the Federal Open Market Committee. The past twenty hours has seen an upwards trend following the dips pan. If it continues we should see support at 1.1925 then at 1.1970.

Most similar patterns show price conintuing to rise over the next couple days. If the two support lines are satisified we should see EURUSD rising to the 1.2016 prediction price. Hour timeframe shows a similar projection.

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