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Oct 29 - 06:12 AM
EUR/USD - Has A Date With The Cloud Base, That Means Down
First appeared on eFXplus on Oct 29 - 04:10 AM
  • EUR/USD is gravitating back towards the centre of the 1.09-1.12 range

  • Over sold start of October and overbought by middle of the month

  • Ending October on neutral ground would be least surprising outcome

  • Daily Ichimoku cloud base 1.1032 and 55-DMA 1.1041 are next supports

  • Both levels close to the middle of the range

  • EUR/USD set up for a fall after Fed cuts this week nL2N27D02L
















EUR/USD Click here

Source:
Refinitiv IFR Research/Market Commentary

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