Forex Trading Library

EUR/USD – 05.11.2024

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As we advised in the last 2 weeks and as we see over our previous chart

Euro managed to test support trend 1.0760-80 which managed to push for some rebound correction so far

As we see over the chart, and as long as market keep holding trades above support 1.0760-80 a  rebound correction toward 1.0940 and 1.1000 zone will be expected

Below 1.0720 market may head for farther drop movement toward 1.0600 level

Market managed to rebound toward 1.0915 so far while first Intraday support laying at 1.0830

 

SUPPORT RESISTANCE
LEVEL1 1.0830 1.0940
LEVEL2 1.0760 1.1000
LEVEL3 1.0665 1.1080

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