Last week’s analysis of the EURUSD filled with an accuracy of 14 pips, I wrote: “Another support which price is aiming is around 1.1145 – 1.1135. If the price reaches to that area and it will be breaking the next target of falls will be 1.1090.”. Falls reached to level 1.1145 and falls were continue, but 14 pips above pointed level price rebounded. Now we are seeing movement between support at 1.1100 and resistance at 1.1290. Since 3 days EURUSD moves in an upward channel. If the channel will keep price inside an upward movement should occur. The first resistance is 1.1290. Next resistances are 1.1330, 1.1370, 1.1450. Alternatively, if the upward channel will be broken the next supports are located at levels 1.1150, 1.1110. 
Wider view, interval D1
September 17 and September 18 candles drew a bearish engulfing pattern which resulted in 3 days of falls. The September lows have not been tested and the price rebounded above them. For now there are no advantages on demand or supply side. When price will fall below the minimum of September on 1.1086 or above the maximum on 1.1460 the more dynamic movement may start. That can occur during the next macro readings – Thursday’s jobless claims and manufacturing PMI or Friday’s jobs report.
