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15.09.202116:42 Forex Analysis & Reviews: EUR/USD Price Analysis on 15 September

Exchange Rates 15.09.2021 analysis

EUR/USD is trading above 1.18, rising from the lows. US import prices surprisingly dropped, weighing on the dollar and adding to the notion that inflation has peaked.

The pair's first attempt at 1.1835 has failed. That level provided support early in September and then capped the price earlier this week. Moreover, it is also where the 50-day Simple Moving Average on the four-hour chart hits the price.

Beyond 1.1835, the next levels to watch are 1.1855, 1.1880, and 1.1910.

Support awaits at the psychologically significant 1.18 level, which is also the daily low. Further down, 1.1770, 1.1740 and 1.1725.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Jan Novotny,
Analytical expert of InstaForex
© 2007-2021
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