EUR USD keep on to oscillate between gains in Forex market
8/15/2017 2:46:21 PM
The EUR/USD pair keep on to oscillate between gains and losses up to now this session, with the upside restricted by 1.1803 handle.
The price held a few pips above its 25 and 120 EMAs, whereas the Momentum indicator withdrawals within positive territory, with the CCI indicator also heading lower around 45, expecting some additional slides ahead short term. To the upside, the pair needs to advance beyond 1.1818 to be able to gain ground stable, aiming then to retest the year high of 1.1910. Support levels: 1.1777 1.1736 1.1687 persistence levels: 1.1822 1.1864 1.1907.
FOREX market analysis by FxErvin.