• FxWirePro: EUR/USD reverses recent rally, but maintains bullish outlook
EUR/USD declined on Tuesday as the dollar strengthened across the board on the view that U.S. presidential candidate Hillary Clinton got the better of rival Donald Trump in their first debate. However, further declined s…
EUR/USD declined on Tuesday as the dollar strengthened across the board on the view that U.S. presidential candidate Hillary Clinton got the better of rival Donald Trump in their first debate.
However, further declined should be limited as the support level at 1.1152 should limit downside and bring a rebound back towards higher levels.
To the upside, immediate resistance can be seen at 1.1218, a break above will take the pair towards next resistance level at 1.1260.
To the downside, immediate support can be seen at 1.1185 levels, a break below will open gates towards 1.1152 levels.
