Forex Trading Library

EUR/USD – 01.11.2024

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The Euro tested the support trend of 1.0760-80 and pushed for a correction.

As we see on the chart, if prices remain above the support of 1.0760-80, a rebound toward 1.0940 and 1.1000 will be expected.

Below 1.0720 prices could head for a drop toward 1.0600.

The first Intraday resistance zone is at 1.0840.

SUPPORT RESISTANCE
LEVEL1 1.0840 1.0940
LEVEL2 1.0760 1.1000
LEVEL3 1.0665 1.1080

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