General overview for 27/10/2015 07:10 CET
Not much has changed since yesterday from the technical point of view as the market consolidates the current gains. The weekly pivot at the level of 1.3109 had provided the support so far and now the market might try to challenge the intraday resistance at the level of 1.3197.
1.2812 – WS2
1.2858 – Technical Support
1.3019 – WS1
1.3044 – Intraday Support
1.3109 – Weekly Pivot
1.3197 – Intraday Resistance
1.3316 – WR1
Day traders should consider buying on dips in this market, with SL below the level of 1.3044 and TP above 1.3197.
The material has been provided by InstaForex Company – www.instaforex.com