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Forex Forecast: EUR/USD and AUD/USD see bearish potential, BTC: Blockchain revolutionizing...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecast, we offer the technical outlook for EUR/USD, AUD/USD, USD/ZAR and Bitcoin, with Eddie Tofpik, Head of FX at ADM Investor Services. EUR/USD: Further downside Tofpik looks at the technical charts for EUR/USD, and says that further downside for EUR/USD is a possibility. He believes that a break below 1.10 will see a crack down towards 1.0750. On resistance, he notes that the moving averages and the fib levels are acting as big upside barriers. AUD/USD: 0.70 calling?

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