EURUSD Daily Analysis – October 25, 2017

EURUSD moved sideways in a trading range between 1.1725 and 1.1879. An upside break of 1.1795 resistance could trigger another rise towards 1.1879. Above this level could aim next resistance level at 1.2029. On the downside, below 1.1725 could take price to test 1.1662 (Aug 17 low) key support. Below this level could trigger further bearish move towards the resistance-turned-support trend line on the weekly chart now at around 1.1400.

EURUSD 4-hour chart