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EURUSD 16-10-2023 .

Technical Analysis
By Shady Fouad
0 43

EURUSD 16-10-2023 .
The prices continue to move in a down trend in the short term, previously it was expected that buying force would appear around the 1.0510 levels, slowing down the descent. As prices rebound from the mentioned support areas, we now face a significant resistance at the 1.0700 range.

Support

 1.0515 1.0470 –
Resistance 1.0630 1.0650

1.0700
Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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