Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 23 - 08:55 AM

EUR/USD - The Door To 2024 EUR/USD Low Is Wide Open

By Jeremy Boulton  —  Oct 23 - 06:40 AM
  • EUR/USD drops to 1.0781 EBS on Oct 23

  • The door to July's 1.0666 low is 1.0783 - 78.6% Jul-Sep gains

  • Any close below 1.0783 may trigger a move to sell short

  • Below 1.0783 would strongly suggest pair revisits 1.0666

  • A drop to July's low would inevitably lead to a test of 2024 low at 1.0601

  • Buy signal triggers USD short squeeze resulting in big break nL1N3LZ0BQ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!