alibfx

EUR/USD – Trading Tips Sept 17

FX:EURUSD   歐元 / 美元

The signal currency Euro has made a bearish movement to complete the Fibonacci retracement at 61.8% retracement level at 1.0999. Closing of Doji candles above this level is hiking the odds of a bullish reversal. Whereas, the series of 20, 25, and 50 periods EMA are signaling selling trend in the EUR/USD.

Therefore, you should consider staying bearish only below 1.0985 area. While buying can be seen above the 1.1095 zones.

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