At the time of writing the pair is trading at 1904. (10/20/2020 8:42 AM)
Our Proprietary Composite Strength Meter suggests 60% selling.
The above scenario suggests Range Bound activity in the pair. Traders can buy around support levels with profit booking targets of resistance points. Whereas can sell into resistances for targets of support points
The major resistance levels are = 1925,1945
The major support levels are = 1880, 1860
Trend changing point: High of 4H Candle closing above 1960
Low of Daily Candle closing below 1830
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