EURUSD Technical Analysis Daily Chart

As we saw yesterday, there is a strong support at 1.17100. This level has been tested several times but could not be broken. This level is the Fibonacci Retracement 76.40% and acts as a strong support.

Price is inside the cloud. Tenkansen Conversion Line and MA50 are at the same level of 1.18450 as a strong resistance.

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EURUSD-H4-chart

Source: http://www.fxters.com/eurusd-technical-analysis-october-4th/

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