TECHNICAL ANALYSIS BY NSFX 11.10.2015
The rate is trading close its long term supply line and a breakout above this dynamic level can lift EurUsd to test 1.1625. 1.2 is the medium term key level. In case of a retracement below 1.1250 the pair can test the medium term demand line in area 1.1037. Beneath this area market sentiment should turn negative and EurUsd can drop to 1.08 in a short time window.