Hello guys,

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Let’s take a look to monthly resistance and support levels for EURUSD and Dollar Index.

According ForexTeam technical analysis, we see the following monthly price levels:

EURUSD

RESISTANCE = 1.1904-1.1942
SUPPORT = 1.1646-1.1590

If daily close price for EUR USD will be under 1.1794 than we are awaiting more bears pressure till price level 1.16

monthly forex signals eur usd dollar index forexteam app Oct 2017

DOLLAR INDEX

RESISTANCE = 94.6 – 94.74
SUPPORT = 92.89 – 92.34

If daily close price for Dollar Index will be above 93.27 than we are awaiting more bulls pressure till price level 94.6

P.S. ForexTeam sold EUR USD from 1.1835 and 1.1793 with TP1=1.16