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FX.co ★ EUR/USD - Sellers in control and potential for another drop towards 1.1753

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Forex Analysis:::2021-09-17T12:06:41

EUR/USD - Sellers in control and potential for another drop towards 1.1753

Technical analysis:

EUR/USD - Sellers in control and potential for another drop towards 1.1753

EUR/USD has been trading upside but on the slow tempo and I see potential for the downside continuation based on yesterday's drop.

Trading recommendation:

Due to intraday extreme condition and bear divergences on oscillator, my advice is to watch for selling opportunities wit hthe downside objective at 1,1750.

Resistance is set at the price of 1,1800

Analyst InstaForex
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