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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.

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Jan Novotny,
Chuyên gia phân tích của InstaForex
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