Sunday, July 21, 2024

EUR/USD Daily Analysis and Trading Tips for 10 Oct 2022

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EUR/USD

Support/Resistance: 0.9690 - 0.9755

Today we expect the dollar to continue to strengthen after Friday's good US unemployment data.
Today is an official holiday with the USA - Columbus Day. We expect less activity in the forex market today. There are no important fundamentals to drive the market.
The strategy today is to hold short positions, or open short positions, during the correction moments of the market upwards around 0.9745-55 with a target of levels around 0.9700 and slightly down.

More accurate signals can be found here.

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