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We're short for now

We're short for now | 10 October 2023

10 October 2023, EUR/USD

We're short for now

Euro is currently within a converging wedge , as it is right now, we are looking for a possible break and lose above the level 1.06147 to pick a possible long term buy position, we are anticipating that the price will extend much higher with the next idea target set at 1.07671, if this level is broken, then we will be looking at a possible long term buy order, if the price should go below 1.004475, then we will be looking for a long term sell position.

Trade Recommendations:

We're short below 1.04475.

Bob Stan
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