02 Oktober 2015, EUR/USD
The daily chart: So, yesterday bulls seem to have tried the bottomed, having made bar in the form of pin and having lifted support line in the overall structure. Breakdown of rising movement will be in the case of breakdown of support 1.1109. Both scenarios are equally probable (in spite of the advantage of bulls), because NFP release can provide us with surprises.
.png "Bulls have a minor advantage, but scenarios are almost equally probable")
H1 chart: breakthrough under 1.1134 (the last local bottom) can also confirm Southern determination. As long as this level is live - bulls can begin their attack at any time.
.png "Bulls have a minor advantage, but scenarios are almost equally probable")
Expectations:
1) With growth above 1.1208 - further growth
2) With a break below 1.1134 - a continued decline.
Identifying goald is problematic, we will have to wait for a complete calm down after the storm to see a purely technical picture.
solutions: 1) Skip the day before the NFP release 2) > We sell at our own risk anticipating breakthroughs of support and resistance 1.1134 and 1.1208
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