FX.co - EUR/USD Intraday Technical Analysis September 22, 2011

2011-09-22T10:01:36

Long-term review

EUR/USD currency pair is now testing the low of last Monday at 1.3495.

Although the daily closure of yesterday is bearish, The current support level 1.3430 mentioned before at previous articles is considerable.

This may be a low risk long opportunity at 1.3430 with SL daily closure below the entry level.

TP will be 1.3490, 1.3530 then 1.3600.

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

Analytical expert

Mohamed Samy

FX.co ★ EUR/USD Intraday Technical Analysis September 22, 2011