Forex Trading Library

EUR/USD – 09.10.2024

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The Euro has broken above the resistance level of 1.0985, indicating a potential rebound toward the 1.1050 zone.

As long as the market holds above 1.0950, we expect further advances toward 1.1050.

A drop below 1.0950 may lead to further declines, with support at 1.0880 potentially providing a rebound correction.

 

SUPPORT RESISTANCE
LEVEL1 1.0950 1.1050-85
LEVEL2 1.0880 1.1200
LEVEL3 1.0780 1.1275

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