End of day analysis for EURUSD 16-10-2018

Economies.com
2018-10-16 17:46PM UTC

The EURUSD pair attempted to breach 1.1615 level but it couldn’t manage to hold above it, to fluctuate around 1.1575 level again, waiting to get enough positive momentum to push the price to breach the mentioned level followed by opening the way to visit 1.1705 level that represents our first main target, reminding you that the continuation of the expected rise depends on holding above 1.1525.

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