TECHNICAL ANALYSIS BY NSFX 04.10.2015
The pair could not rise above the supply line and might test soon the 200SMA, now at 1.1076. Below this level there is the medium term demand line and if EurUsd will trade below 1.09 selling pressure will accelerate and the rate might test 1.0460. In case buyers will be in control and the pair will make a breakout above 1.1330 the rate can test 1.1555. Above this area EurUsd may reach 1.18 as a medium term target.