EUR/USD breaks above 1.1750/70 and will increase new buying;
1 ING Group reported on Wednesday (September 19) that EUR/USD will remain neutral in the next few days, only closing at 1.1750/ Above 70 can trigger new buying;
2 ING analysts said that the pair is now in a short-term bullish trend, but the 50-day moving average is steadily flattening and is currently around 1.1607;
3 ING analysts pointed out that daily chart kinetic energy The indicator has improved after it has risen today, but only when it stabilizes the 1.1750 and 200-day index moving average above 1.1770 will trigger new buying. This will also clarify that the short-term bottom has already formed;
4 ING analysts added that the current neutral view is maintained and that the euro is expected to remain trading between 1.1525 and 1.1750.
