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Nov 8, 2021 12:20 PM

EUR/USD Daily Chart Analysis For November 8, 2021 

Euro Fx/U.S. DollarFXCM

Description

Technical Analysis and Outlook:
The Euro Dollar, intermediate downtrend price action (Stage 1), is completed at the Key Res 1.1677 mark - this is high merit and significant sell point. On the downside, there is a remaining Stage 2 starting at the Key Sup 1.153 while the Inner #2 Currency Dip 1.1498 is resting below.
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