TradingAlchemist

EURUSD📈Resistance level ❗

Long
FX:EURUSD   Euro / U.S. Dollar
EUR / USD forecast Euro Dollar October 8, 2021 suggests the development of a correction and a test of the resistance area near the level of 1.1585. Where can we expect a rebound and an attempt to drop the pair to an area below the level of 1.1365. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD pair fall option will be a strong growth in quotations and a breakdown at the level of 1.1665. This will indicate a breakdown of the resistance area and a continuation of the rise of the currency pair on Forex to the area above the level of 1.1975.

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