• EUR/USD trades above the 1.10 handle, with day's range 1.1024/1.0965, the bear trend alive but short term bounce likely
  
  
• The single currency is almost unchanged on CPI data which showed consumer prices in the euro bloc have matched expectations for the current month
  
  
• The more relevant Core print rose 1.0% YoY vs. forecasts at 0.9%, while unemployment rate ticked lower to 10.8% vs. 11.0% expected
  
  
• The pair is extending upside after bottoming out in the 1.0900 post FOMC, strong support at 1.090 
  
  
• Later in the US session, US personal Income/Spending, PCE and the Employment Cost Index will be in focus for further direction
  
  
• The pair is currently trading at 1.1010 with immediate resistance seen at 1.1017 (Hourly High Oct 30) ahead of 1.1097 (Daily High Oct 28)
  
  
• Supports on the downside are located at 1.0949 (30 DMA Lower Bollinger) and then at 1.090 (trendline support) and further below at 1.0896 (Daily Low Oct 28)
  
  

Recommendation: Good to buy dips around 1.098, SL: 1.080, TP: 1.1020

Resistance Levels:

R1: 1.1017 (Hourly High Oct 30)

R2: 1.1097 (Daily High Oct 28)

R3: 1.1112 (200 DMA)

Support Levels:

S1: 1.0949 (30 DMA Lower Bollinger)

S2: 1.090 (trendline support) 

S3: 1.0896 (Daily Low Oct 28)