Forex - Chart EUR/USD Update: Bounce holds, but no new breakout signal


 16:35 (GMT) 09 Sep

  [Forex Charts]

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Chart EUR/USD Update: Bounce holds, but no new breakout signal (0101-NWBT-C01)

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Asterisk denotes strength of level

16:30 GMT - EUR/USD is doing a decent job at sustaining the recent bounce action, but is not yet going far enough to create a breakout. We are watching the 14-day RSI as well as it has yet to break out even though it is close. Key resistance to watch comes in at 1.1084 to 1.1110. The more immediate support area stands at 1.1015/00.


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