Reviewing the Euro Chart


Forex Daily Analysis 5th October 2017

Summary

  • EURUSD rallies still seen well capped for deeper drop
  • Look for the market to hold below the 1.1910 level on a close basis
  • Projecting next drop to take us to the target area of 1.1555

$EURUSD still showing risk for a bigger correction in 2017.

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Up Against It

Short US Dollar exposure has been punishing of late, with the market extendin...

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What We Need to See Now

Plenty of movement in recent weeks that has benefited the US Dollar greatly, ...

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