FOREX:Major Support and Resistance 19.10.2017

19.10.2017 / 13:57

Rating:

EUR/USD -- Within corrective wave, long-term trend points
higher
* 3rd resistance: 1.1875 Oct. 13 high
* 2nd resistance: 1.1829 Oct. 16 high
* 1st resistance: 1.1800/06 Oct. 17/13 highs
* Spot: 1.1765
* 1st support: 1.1736 Oct. 17 low
* 2nd support: 1.1718 Oct. 9 low
* 3rd support: 1.1670 Oct. 6 low

USD/JPY -- Continues higher within corrective wave, which
could extend toward 114.33
* 3rd resistance: 113.53/58 July 13/14 highs
* 2nd resistance: 113.21/26 Sept. 27/28 highs
* 1st resistance: 113.06 Oct. 2 high
* Spot: 112.85
* 1st support: 112.04 Oct. 17 low
* 2nd support: 111.65 wave span
* 3rd support: 111.48/50 Sept. 25/26 lows

GBP/USD -- Momentum suggests cable to continue toward
1.3053
* 3rd resistance: 1.3248 Oct. 13 low
* 2nd resistance: 1.3225 Oct. 16 low
* 1st resistance: 1.3211 daily pivot line
* Spot: 1.3165
* 1st support: 1.3143 55-DMA
* 2nd support: 1.3108 Oct. 5 low
* 3rd support: 1.3053 Oct. 9 low

AUD/USD -- Consolidating above 0.7816 1st upper band
* 3rd resistance: 0.7911 55-DMA
* 2nd resistance: 0.7890 Oct. 16 high
* 1st resistance: 0.7861 Oct. 17 high
* Spot: 0.7835
* 1st support: 0.7816 1st upper band
* 2nd support: 0.7787 Oct. 12 low
* 3rd support: 0.7771 Oct. 11 low

Source: Bloomberg Pro Terminal

Trader: Velizar Mitov

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FOREX:Major Support and Resistance 19.10.2017

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