02 November 2015, EUR/USD
The daily chart: the upward swing is not equipped with another intersection up, so the main issue for today is the question: "will bulls breakt the last top 1.1095 with their swing helping them to form reversal Over&Under? Or bears won't allow them and will preserve the downward trend? ". The answer will be discussed in the tomorrow's review. Currently scenarios are equally probable.
H1: local uptrend. To break this structure, sellers need to break through the last bottom (1.0986). Buyers, in turn, need to break through the last top (1.1073)
Expectations:
1) decline from current levels at 1.0986 aiming at 1.09 2) rise above 1.1073 and focus on 1.1095
solutions: no entry signals yet, the best option is to wait for clarity, when one of the described scenarios is confirmed.