EURUSD October, 29 2020

Technical Analysis
Thursday, October 29, 2020 - 03:24
Point Trader Group
EURUSD October, 29 2020

Overview:

prices are moving in an upward short-term direction.

Expected:

The pair is trading above a strong support level around 1.1719, which enhances chances of a bullish move during today's trading to 1.1790.

Alternative Scenario:

We think that if the 1.1719 level is broken to the downside, this pair might push down to 1.1689. 

Resistance1.17901.18001.1830
Support1.17191.16891.1650

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