EUR/USD Current Price: 1.4660. Quoting around key 1.4660 resistance area pair regained the upside slowly, following gold prices that closed the American session above $ 1015/oz. Nikkei opening up 0.7% support the bullish bias, thus market likely remain slow ahead of RBA decision.
Indicators in the hourly remain flat, while price holds above 20 SMA; bigger time frames however, show upside limited with some bearish divergences coming from indicators. “Only a clear break above 1.4720 will confirm rises for the next sessions,”
Support levels: 1.4635 1.4610 1.4580. Resistance levels: 1.4660 1.4690 1.4720.
EUR/USD (Oct 06 at 06:02 GMT)
H 1.4744 L 1.4643
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4637 | 1.4674 | 1.4711 | 1.4724 | 1.4761 | 1.4798 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Oct 06 at 05:20 (15-minute timeframe) |
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