EUR/USD

Support / Resistance: 0.9785 - 0.99910

The weak recovery of the Euro against the Dollar is coming to an end. After a few days of recovery, we expect the process to stop and see a downward correction to the levels below 0.9800.
Among the important events today are the ZEW Survey for Germany and the Eurozone at 5 AM ET, as well as events from the USA, which are expected to have little impact on the currency market: Industrial Production, Monthly Budget Statement(Sep), Net Long-Term TIC Flows(Aug ) and other.
Going below 0.9800 support is expected, so use this moment to open long positions following the trend of the last few days.

For exact instructions follow us.