FX.co - EUR/USD analysis for September 22, 2021

2021-09-22T12:44:28

Relevance until2021-09-23

Technical analysis:

EUR/USD analysis for September 22, 2021

EUR/USD has been trading flat at the price of 1,1730 but I see potential for the test of 1,1670.

Trading recommendation:

Watch for the downside breakout of the mini bracket and test of 1,1670.

Stochastic oscillator is showing extreme condition but with no confirmation for the reversal.

Resistance is set at 1,1770

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ EUR/USD analysis for September 22, 2021