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EURUSD trades higher on the day and looks toward key resistance at 1.0610 area

Whether you like the price action or not, the technicals in the EURUSD told the story for the price action.Initially, the price moved sharply lower after the stronger-than-expected nonfarm payroll add. That move took the price to a key support level at 1.0483. I've outlined that level as a key downside target to get to and through if the sellers were to take more control. Not only has it been supported in the short-term, but is also a low support target level on the daily chart going back in tim... Read More

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Content Topics

Eurusd

Trades

Higher

Looks

Toward

Resistance

0610

Area

1 0610

Forex

Posted: Oct 6 2023, 16:12

Author Name: forexlive

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