EURUSD technical daily analysis by GetKnowTrading

Fg43085

Junior member
44 2
On Monday the pair broke down from the confluence of support, but the day ended almost on the price the day started.

The price stopped on the strong support $1.17200 which is well known in the last few weeks.

From this level the price reversed back up on 20.08.2021. so we could see some price confluence here.

But, most likely the price is heading down, below $1.17200 towards $1.16180 which is now a strong confluence of support.
EURUSD Daily Forecast 18_09_2021.png
 
 
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