TECHNICAL ANALYSIS BY NSFX 28.09.2015
The rate found support on its 200SMA, but below this dynamic support it can test the medium term demand line that links higher lows. In case the rate would below this level EurUsd should test its 2015 low at 1.0451. In case of a breakout of 1.1250 EurUsd can test the medium term static resistance in area 1.151. In case the rate will rise above this level is likely a test of 1.18.