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EURUSD Signal - 11th October 2022

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Signal Details
Entry Price: 
0.96885
Take Profit: 
0.95567
Stop Loss: 
0.97269
Direction: 
Sell
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EURUSD is trading in a channel on the Hourly charts mid way through a downtrend on Monthly, Weekly and Daily charts ahead of economic announcements. If EURUSD breaks out of this channel we anticipate the overall downtrend to continue to at least the region of last daily low of 0.95567 if not further.

Submitted by Toni H. on Tue, 11 Oct 2022 00:09:04 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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