13, September 2017

EUR/USD

The euro is building on a correction in the European morning on Wednesday. The major bounced from 1.1924 and strengthened to 1.1993. The spot is approaching 1.2000. If buyers retake the level they may neutralize the selling pressure and push the price to 1.2150. Otherwise, sellers will regain control and will return the pair to 1.1924.