Indicator analysis: Daily review of EUR/USD on November 7, 2023
Trend analysis (Fig. 1). The EUR/USD currency pair may move downward from the level of 1.0716 (closing of yesterday’s daily candle) to test 1.0692, the 23.6% pullback level (yellow dotted line). Upon testing this level, an upward movement is possible with a target at 1.0756, the upper fractal (daily candle from 06/11/2023). In the case […]