EURUSD 2015-10-02
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EURUSD
1.1167
EUR – USD is trading with a major confusion, ranging between 1.11s & 1.12s. So, any penetration of one of these levels we will consider the new direction for the short-term.MOreover , as today the release for the monthly job report we highly expect the breakout of one of those level to be today ( High probability assigned to upside breakout ).
As shown on the chart the neutral position is the best position! with a slightly higher probability to the levels of 1.1290s, and 1.1330s respectively in case market successfully penetrated the major pivotal level of 1.1250s.
Support | Resistence | |
Level 1 | 1.1150 | 1.1250 |
Level 2 | 1.1120 | 1.1290 |
Level 3 | 1.1080 | 1.1330 |