Wednesday 4 October 2017

EUR/USD: Fighting hard for support at top end cloud chart support levels.

EUR/USD: Fighting hard for support at top end cloud chart support levels. Bottom of cloud is next key support zone if this support test at top end of the cloud fails.

Fighting hard for support at 1.1712 support zone! Potential for a short-term relief rally from here.

Looking at 4 hour chart, the bottom end of the cloud remain a key resistance zone.

Weekly chart indicate the front cloud level of 1.16 is a key support zone in this correction.
The Euro pulled back after running into significant resistance around the 1.19 zones!


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