Tenkan and kijun lines are negative aligned, reinforcing the bear market

14-day momentum has been negative since the end of July, also bearish

Scope for an eventual slump under the 1.0402 Fibo

1.0402 Fibo is a 50% retrace of the 0.9528-1.1276 (2022-2023) EBS rise

We are short at the 1.0550 level in anticipation for new losses

EUR/USD Trader TGM2334. Previous update nL1N3BC0FU

Usually better to invest in EUR/JPY than EUR/USD in Oct nL1N3BB0G2