Forex - EURUSD 1 and 4 Hour Charts, 21 September 2018
EURUSD 1 Hour Chart
Friday, 21 September 2018 at 10:40:00PM AEST
The USD is making some strong gains today at the start of the US session, while metals are coming lower, so it seems that there is still chance for wave c drop on EURUSD, especially if we get an overlap with 1.1716.
EURUSD 4 Hour Chart
Friday, 21 September 2018 at 4:05:00PM AES
EURUSD broke to a new swing high and now approaching 1.18 level so we think it's important level where we have to consider two possible outcomes. Our first wave count is still showing a flat formation with new bearish turn coming soon, but only if pair closes below 1.17 today.
If not, then I think pair is going higher next week into 1.19-1.1200 area based on count #2.
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