EUR/USD, buyers in control
Should I mention that everything exactly happened in this pair as I wrote in my previous EUR/USD analysis from October 21. Well, it did and I know that some of you (Mark) will be pissed off but… 😉 The pair bounced from 1.0850 and the buyers have reached 1.1000 today, the minor resistance, but it should be broken if they want to push the pair higher toward the next resistance at 1.1100 and H4/MA200, where the sellers could wait. But, the buyers have the target much higher as they would like to reach 1.1150/80, the daily MA100 and 200. Can they? It will be interesting to see. On the way down, support starts at 1.0975 > 1.0930 is the strong one.