Tuesday 16 October 2018

EURUSD: Rebounding from top end cloud chart support zone!

EURUSD: Rebounding from top end cloud chart support zone at 1.1544 support zone.

Front end of the cloud gives an indication of the key support levels in this uptrend.

Resistance target is set at 1.1751!


 On the 60 min chart a key support level to watch is 1.1572!
Price action is above the cloud, and that is positive.

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