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EUR/USD Trading Analysis (31/10/2024)

31.10.2024

Market Review

The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs.The ascending wave structures are truncated. The Stochastic Oscillator shows an overbought condition. The pivot 2 of the main ascending truncated structure is truncated.

EUR/USD Forex price chart

Trading idea:

  • Buy on the breach of 1.0844.
  • Stop-loss at 1.0871.
  • Price targets at 1.0810 and 1.0772.

#eurusd #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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