EURUSD Weekly Analysis – October 25, 2015

EURUSD broke below 1.1087 support, indicating that the downtrend from 1.1713 had resumed. Further decline could be expected over the next several weeks, and next target would be at 1.0600 area. Resistance levels are at 1.1250 and 1.1495, only break above these levels could trigger anther rise towards 1.2500.

eurusd chart