EURUSD 1.1217 / 1.1219

Sep 30

TECHNICAL ANALYSIS BY NSFX 30.09.2016

By:Simone Bettenzana

High: 1.1220 Low: 1.1203

The rate is trading in a a range, both in the short term and in the medium term as the most relevant moving averages are flat.  Below 1.1122 the rate would slide to 1.0913 and is case of a breakout of 1.1360 EurUsd should reach in a short time frame area 1.1458.  Volatility is still at its 2016 low.

R3 1.16
R2 1.1458
R1 1.1360
S1 1.1122
S2 1.0913
S3 1.07