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03.11.202209:14 Forex Analysis & Reviews: Technical analysis of EUR/USD

EUR/USD:

Exchange Rates 03.11.2022 analysis

The chart shows the movement of #EUR/USD on the 4-hour (H4) chart.

Quotes hit $0.9809 this morning. This should be considered a key support level because the pair is likely to turn around today or tomorrow and head towards $1.006 per 1 euro.

But if the support level of $0.9809 is broken, the pair will continue to decline to $0.964.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Daniel Liderman,
Analytical expert of InstaSpot
© 2007-2024
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