Forex Trading Library

EUR/USD – 08.11.2024

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THE Euro dropped as the US election results rumble on.

As we see on the chart, prices face another correction if the market holds above the support 1.0680. 1.0880 will be the target which in turn could activate another drop toward 1.0600.

Below 1.0680 more of a drop to test 1.0600 will be expected which could activate a rebound.

SUPPORT RESISTANCE
LEVEL1 1.0680 1.0840
LEVEL2 1.0600 1.0940
LEVEL3 1.0450 1.1000

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