honeill
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On Friday session the EURUSD initially rallied with a wide range but gave out most of its gains back to the market, but still managed to close in the green near the open of the day.
The pair is making a downward triangle since late August suggesting a move of 626 pips on the break of the triangle until them we may expect a range bound move.
The key levels to watch are 1.1460 (Resistance), 1.1237 (resistance), the 10-day moving average at 1.1206 (support) and 1.1097 (support).
The pair is making a downward triangle since late August suggesting a move of 626 pips on the break of the triangle until them we may expect a range bound move.
The key levels to watch are 1.1460 (Resistance), 1.1237 (resistance), the 10-day moving average at 1.1206 (support) and 1.1097 (support).