EURUSD Resting Between the 200 day MVA and the .382 Fib

 

The EURUSD has consolidated in a narrow range over the last 36 hours.  The election results will dictate the price action in this pair over the next 24 hours.  Support is created by the .382  fib at 1.2735 and daily price support at 1.2750.  Resistance rest near 1.2825 and 1.2885.   A break of the 1.2825 level could lead to a test of 1.2885, followed by the resistance zone from late September between 1.2995/1.3020.  A push below the support zone could lead to a test of the 50 Fib at 1.2602.

Sup        1.2750/35                1.2602(50 Fib)

Res        1.2825          1.2885              1.2995/1.3020

Keane plan….Election will dictate.  Looking for results plus a break of short-term sup at 1.2735 or resistance at 1.2825

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