Chart of The Day $EURUSD 10-20-2016

On the EUR/USD  daily chart we can see that it is testing 1.0930-1.0950 without a break. Today we have an ECB interest rate decision, so we expect a larger directional move in the pair. If this zone holds targets on the upside are 1.10500 and 1.12000. In case of break and close below this zone support is 1.08000.

Happy trading! (click on the chart to enlarge it)

eurusd price action analysis


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