Euro / U.S. Dollar

Strifor || EURUSD-10/23/2023

179
Preferred direction: Neutral
Comment: The US dollar started the week with a correction and against this background, competitors began to grow. Special attention, as always, to the Euro. Here the price will approach the level of 1.06318 in the very near future. There's an obstacle waiting for buyers there. As you can see, the medium-term trend remains bearish. Therefore, for now, at the level of 1.06318 one can presumably expect a potential entry into shorts.

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