Buy a break above 1.06837 towards 1.09760. | 13 November 2023
13 November 2023, EUR/USD
On this chart, the price is rallying within an expanding channel formation. We are anticipating a possible break and clos above .06837 to push the price to the upperside with the next ideal target set around 1.09760, if this level is violated to the upperside, then the next ideal target is set around 1.12500. On the flipside, should the price break and close below the lower trendline, then we are expecting a possible rally towards 1.04280 and may likely extend much lower.
Trade Recommendations:
Buy a break above 1.06837 towards 1.09760.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
