ALSM59

EURUSD > Levels to Watch

ALSM59 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD > Key Levels > 10/15-20/17

Firm break and hold above 1.1930 level could indicate further strength to test 1.2000, with a break above this leading to 1.2100 level representing the January, 2015 high.

Expecting strong resistance @ 1.1965 level.

Strong support showing @ 1.1793 level, followed by 1.1764 which analysis does not support breaking these levels IMO, but no complete confirmation either.

R3 1.1933 R2 1.1904 R1 1.1863
S1 1.1793 S2 1.1764 S3 1.1723

Pivot Point @ 1.18350

High volatility expected as I believe we are in the "wacky" season where up is down and down is up!

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Comment:
Pair expected to remain in bearish trend as long as price remains below 1.1850/45 level

Above this, Bullish trend can extend toward 1.2100 level
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