We still see EURUSD moving lower despite the recent rebound in the currency pair on the back of Wednesday's FED minutes which indicated there would be a FED rate cut on the 30th of October. However, the uncertainty surrounding Brexit and the US and China trade war, despite recent optimism, could put further pressure on EUR/USD. We therefore maintain our short view as we await US Michigan sentiment later today but we would not want to see the currency pair move above the resistance level at 1.10472.