FX.co ★ EUR/USD analysis for September 18, 2018

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1717. Anyway, according to the M30 time – frame, I found rejection of resistance 1 at the price of 1.1713, which is a sign that buying looks risky. Besides, the price rejected from the upper Keltner band (resistance) and there is a hidden bearish divergence on the 3/10 oscillator, which is another sign of weakness. Watch for selling opportunities. The downward targets are set at the price of 1.1665 and at the price of 1.1633.