EUR/USD Daily Chart Analysis For Week of October 7, 2022
Technical Analysis and Outlook:
The Eurodollar attempted to retest our Mean Res 1.0040 after breaking out thru Mean Res 0.9835. There is a possible short-term upside move to the newly created Mean Res 0.9987. On the downside, the main target is our Key Sup 0.9595 and completed Inner Currency Dip 0.9570. Continuation to the next Outer Currency Dip of 0.9370 is in the making.
The Eurodollar attempted to retest our Mean Res 1.0040 after breaking out thru Mean Res 0.9835. There is a possible short-term upside move to the newly created Mean Res 0.9987. On the downside, the main target is our Key Sup 0.9595 and completed Inner Currency Dip 0.9570. Continuation to the next Outer Currency Dip of 0.9370 is in the making.