TradingView
TradeSelecter
Oct 22, 2022 10:35 AM

EUR/USD Daily Chart Analysis For Week of October 21, 2022 

Euro Fx/U.S. DollarFXCM

Description

Technical Analysis and Outlook:
The Eurodollar bounced swiftly from our Mean Sup 0.9700 and rested at our Mean Res 0.9860; however, retesting the Mean Res 0.9987 and 1.0020 is probable. The significant downside move is a) from the current position, b) From up the ante restarting down move of 1.0020. The main targets continue to be our Key Sup 0.9595 and completed Inner Currency Dip 0.9570. Continuation to the next Outer Currency Dip of 0.9370 is in the making.
More