EUR/USD Trading Analysis (01/11/2024)
The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs.The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
- Sell when the formation of the descending wave structure begins, when the wave A …