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EURUSD 4-10-2023 .

Technical Analysis
By Shady Fouad
0 47


EURUSD 4-10-2023 .
The prices are still moving in a downward trend in the short term , and on the other hand , the prices are facing a significant support zone in the range of 1.0500-1.0470. It is expected that a buying force will appear in these areas , which may limit the downward momentum. However, if the support zone mentioned earlier is confirmed to be broken, we may resume the downward move of prices.

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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