EURUSD Analysis: Better current account surplus bullish for EURUSD

September 19, 2019

By IFCMarkets

Better current account surplus bullish for EURUSD

Euro-zone July current account surplus growth was better than forecast. Will the EURUSD continue rising?

EURUSD rising above MA(200)

On 1-hour timeframe EURUSD: H1 is in uptrend. The price is rising above the 200-period moving average MA(200).

Technical Analysis Summary

OrderBuy
Buy stopAbove 1.1068
Stop lossBelow 1.1034

Market Analysis provided by IFCMarkets