English
EURUSD 11.10.2024
General Trend: The trend is clearly bearish. The price is moving below the moving average, which supports the bearish direction as long as the price stays below the 1.09445 level.
Expected Scenario: If the price continues to drop and fails to return above the 1.09298 level, it is expected to target the next support levels at 1.08814 and then 1.08467.
Alternative Scenario: If the price manages to break the resistance at 1.09445 and move above it, we might see an attempt to rebound toward the 1.10030 level.
Key Levels:
Resistance: 1.09298 - 1.09445
Support: 1.08814 - 1.08467 - 1.07898
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
Related Topics
Latest News
Thursday, October 17, 2024 - 16:48
Tuesday, October 15, 2024 - 13:09
Monday, October 14, 2024 - 22:49
Thursday, October 10, 2024 - 19:44
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Thursday, September 05, 2024 - 10:33
Thursday, June 06, 2024 - 16:39
Friday, July 14, 2023 - 19:25
Thursday, February 13, 2020 - 21:24
