EUR/USD Technical Analysis | EUR/USD Trading: 2019-09-18 | IFCM India
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EUR/USD Technical Analysis - EUR/USD Trading: 2019-09-18

Low inflation bearish for EURUSD

Euro-zone August inflation was confirmed at flash reading of 1% over year, below the 2% central bank target. Will the EURUSD continue falling?

EURUSD testing  MA(200)

On 1-hour timeframe EURUSD: H1 is in downtrend. The price is testing the 200-period moving average MA(200).

Technical Analysis Summary

OrderSell
Sell stop Below 1.1036
Stop lossAbove 1.1068

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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