EUR/USD Current Price: 1.4837. Barely holding under the 38.2% of the last daily up leg, hourly indicators seem exhausted to the upside suggesting some downside correction to come, as long as pair don’t break above yesterday’s high zone of 1.4860.
“Bigger time frames however remain strongly bullish, and with NIKKEI 225 opening 1.3% up above 10000, expect the pair to extend current rally, as long as above 1.4770 support zone and local shares remain in positive territory.
Support levels: 1.4810 1.4770 1.4740. Resistance levels1.4860 1.4890 1.4930.
EUR/USD (Oct 30 at 05:17 GMT)
H 1.4859 L 1.4824
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.4766 | 1.4803 | 1.4841 | 1.4850 | 1.4888 | 1.4925 |
| [?]Trend Index | [?]OB/OS Index |
| Strongly Bullish | Neutral |
| Data updated on Oct 30 at 04:50 (15-minute timeframe) |
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