The 20 day moving average of 1.10366 has risen through the longer-term 100 day moving average of 1.10275 indicating a buy alert. Also, the 50 day moving average currently at 1.10297 has crossed the 100 day moving average confirming the buy signal. Therefore we see the EUR moving higher against the dollar in the near term in particular after US retail sales came in at -0.3% vs 0.3% forecast and positive knows surrounding a potential deal in place before the 31st October deadline.