02 Oct

EURUSD got the Resistance again increase bearish preasure

admin Forex Technical outlook 2 Comments

After the USD ISM manufacturing PMI soft data fiber boom up finally got the hour and 30 minutes 200 MA resistance at 1.1206, as well as nearby round number resistance. Nothing new updates from ECB President Draghi Speaks at Atlantic Council's Global Citizens Awards, in New York.

i think fiber get ready to come down. we want to break downside previous low also four hour last downturn support, then only we confirm the trend.

On the upside,The fiber we want to break past 6 month uptrend resistance. Today Non-Farm Employment Change data may fix the trend.

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