EUR/USD Trading Analysis (31/10/2024)
The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs.The ascending wave structures are truncated. The Stochastic Oscillator shows an overbought condition. The pivot 2 of the main ascending truncated structure is truncated.
Trading idea:
- Buy on the breach of 1.0844.
- Stop-loss at 1.0871.
- Price targets at 1.0810 and 1.0772.
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