FX.co ★ Technical analysis of EUR/USD for September 19, 2018

EUR/USD marginally broke twice above 1.17 but it did not manage to clearly break resistance on a daily basis. The rejection at 1.1730-1.1720 is a bearish sign but as long as price is above 1.1620 I remain bullish.

EUR/USD is running out of space to run. Upper resistance is at 1.1730 while support is at 1.1620. We break resistance and we are off to 1,19. Short-term trend remains bullish. I remain bullish as long as we hold above 1.1620.