We're short for now | 10 Octubre 2023

10 Octubre 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.


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.
Bob Stan
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