EURUSD Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:00 UTC
EURUSD moved sideways in a narrow range between 1.1087 and 1.1460. The price action in the range is likely consolidation of the downtrend from 1.1713. Another fall could be expected after consolidation and next target would be at 1.0600 area. Key resistance is at 1.1713, only break above this level could trigger anther rise towards 1.2500.

eurusd chart

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