FOREX: EURUSD Range Between 21-DMA & 13-DMA: Major Support and Resistance 16.10.2017




EURUSD: EUR trades higher today as main focus stays at resistance arround 21-DMA  at 1.1620, as major resistance remains 13-DMA at 1.1550
* 3rd resistance: 1,1678
* 2nd resistance: 1,1642
* 1st resistance: 1.161
* Spot: 1.1574
* 1st support: 1,1542
* 2nd support: 1,1506
* 3rd support: 1,1474

GBPUSD: Bears finds resistance at 21- DMA ~ 1.31; Focus remains to Sept. highs at ~1.3300
* 3rd resistance: 1,3292
* 2nd resistance: 1,3237
* 1st resistance: 1.3193
* Spot: 1.3138
* 1st support: 1,3094
* 2nd support: 1,3039
* 3rd support: 1,2995


USDJPY:  The massive Sell- off gives support for JPY, the focus is at 100-DMA ~111.00
* 3rd resistance: 112,73
* 2nd resistance: 112,48
* 1st resistance: 112,12
* Spot: 111,87
* 1st support: 111,51
* 2nd support: 111,26
* 3rd support: 110,90

AUD/USD: While the price is below 21-DMA bears dictate rules and the price is targeting 2016 lows at ~ 0.68
* 3rd resistance: 0.7201
* 2nd resistance: 0,7175
* 1st resistance: 0.7151
* Spot: 0.7125
* 1st support: 0.7102
* 2nd support: 0,7075
* 3rd support: 0.7052

 Trader Velizar Mitov

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