EURUSD up for the rally

١٢ أكتوبر ٢٠١٧

Price looks like it could break resistance around the 1.20127 area. Showing signs of retested support around the 1.17314 area. This could mean strong bullish movement for the remainder of this month as well as next month for the longer timeframe traders. Watch and see what price does in the next few weeks. Several high-impact news events upcoming will affect the dollar as consumer price index reports are released which will definitely affect this pair's price movement. I do believe that price will go up for about another 200+pips. Happy trading!

Disclosure: *Trading is not for everyone and losses could easily exceed investment capital. Use proper risk management and smaller lot sizes to protect individual accounts.