Elliott wave analysis of EUR/USD for November 7, 2023
November 7, 2023 7:23 am
EUR/USD should stay above the support at 1.0644 for the next push higher towards 1.1275 and 1.1550 as the next sub-target on the way towards the long-term target at 1.2085. The area between 1.0644 and 1.0685 is loaded with support and we could as well see that 1.0685 acts as the floor for the next push higher as it could be from the support at 1.0644.
The point is that the main focus should be towards the upside for the coming days/weeks.
The material has been provided by InstaForex Company – www.instaforex.com
EUR/USD should stay above the support at 1.0644 for the next push higher towards 1.1275 and 1.1550 as the next sub-target on the way towards the long-term target at 1.2085. The area between 1.0644 and 1.0685 is loaded with support and we could as well see that 1.0685 acts as the floor for the next push higher as it could be from the support at 1.0644.
The point is that the main focus should be towards the upside for the coming days/weeks.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: