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EUR/USD: Breakout or Pullback Amid Volatility?
Euro / U.S. Dollar
EUR/USD: Breakout or Pullback Amid Volatility?
By Romio_pro
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Sep 21
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Sep 21
EUR/USD is "hovering" around 1.11636, with a significant "barrier" at 1.11826 and a key "support" at 1.11034.
The widening Bollinger Bands signal that a wave of volatility could strike at any moment.
RSI is at 59.09, indicating strong buying pressure, but still has room before entering overbought territory.
If EUR/USD breaks past 1.11826, it could continue its upward surge, but failure to do so might lead to a pullback towards 1.11034.
The "winds" of inflation data and interest rates from the Eurozone and the US will shape the next move!
buy
Chart Patterns
EURUSD
Forex
Harmonic Patterns
longsetup
SELL
Technical Analysis
Trend Analysis
Romio_pro
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