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EURUSD October, 19 2020
Overview:
The above chart shows that the pair is trading above a strong support level around 1.1770, which enhances the bullish chances during today's trading.
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.1820
Alternative Scenario:
On the other hand, we think that if the 1.1770 level is broken to the downside, this pair may push down to 1.1720.
| Resistance | 1.1800 | 1.1820 | 1.1850 |
| Support | 1.1770 | 1.1720 | 1.1700 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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