• The EUR/USD rose higher at the beginning of the US session as the pair found strong buying interest on Tuesday as dollar was hurt on concerns over the outcome of the upcoming U.S. elections.
   
• Two-day Federal Open Market Committee meeting starts later on Tuesday will be closely monitored for clues on the timing of a possible interest rate hike.
   
• Further downside in this pair should be limited as the support level at 1.0954 levels should limit downside and bring a rebound back to higher side.
   
• To the upside, the strong resistance can be seen at 1.1100, a break above this level would take the pair towards next resistance level at 1.1142.
   
• To the downside immediate support can be seen at 1.1011 levels, a break below this level will open the door towards next level at 1.0954.
  
  Resistance Levels
  
  R1: 1.1059 (50% Retracement level)
  
  R2: 1.1100 (61.8% Retracement level)
  
  R3: 1.1142 (Oct 11th high)
  
  Support Levels
  
  S1: 1.1011 (38.2% Retracement level)
  
  S2: 1.0954 (23.6% Retracement level)
  
  S3: 1.0900 (Psychological levels)