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Bullish Price Structure In........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bullish Price Structure In Place:
*RES 4: 1.1281 Low Jul 1
*RES 3: 1.1212 200-dma
*RES 2: 1.1164 High Aug 26
*RES 1: 1.1139/40 100-dma / Intraday high
*PRICE: 1.1118 09:41 GMT Oct 17
*SUP 1: 1.1023 Low Oct 16
*SUP 2: 1.0991 Low Oct 15
*SUP 3: 1.0962 Former channel top drawn off the Jun 25 high
*SUP 4: 1.0941 Low Oct 3 and Oct 8
EURUSD has moved higher following the Brexit deal announcement this morning,
extending the current recovery and establishing a clear bullish price sequence
of higher highs and higher lows. A bullish reversal was confirmed last week
following the break above the former channel top drawn off the Jun 25 high.
Momentum studies are pointing north too, reinforcing the positive theme. Key
support has been defined at 1.0991, Oct 15 low.

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