EURUSD Analysis

Euro against the US dollar: short-term short-selling, mid-line focus on the 1.1610-1.1722 regional breakthrough;

1. from the 2-hour chart, the exchange rate is currently in a volatile trend, the Bollinger Bands are flat, and the mid-line trend may depend on the breakthrough of the 1.1610-1.1722 area. In the case, the former is the Bollinger line lower rail support, the latter is the double resistance of the Bollinger rail and the September 14 high point;
2. In the short-term view, the exchange rate is blocked near the Bollinger rail, KDJ dead fork running, Short-term exchange rate biased to support near the Bollinger Band 1.1610; there are still some support around 1.1660, if the position is lost, increase the short-term bearish signal;
3. If the exchange rate can hold the support near 1.1660, then pay attention to the Bollinger Band near 1.1722 Resistance, if the exchange rate accidentally breaks the position, it is expected to open up new upside, the target can at least look around 1.1790;
4. resistance: 1.1722; 1/1750; 1.1790;
5. support: 1.1660; 1.1610