⭐️EURUSD: forecast for Nov 1 - Nov 5
➡️ At the end of the week, the dollar was confidently winning back its positions in the global market after the correction the day before, followed by the release of weak preliminary data on US GDP for Q3. The EURUSD currency pair dropped 0.7%, dropping below the 1.16000 level.
The current position of the Euro on the market is not the most optimistic. The currency is under pressure from both the US dollar and the Pound.
At the beginning of the week, EURUSD may try to recover to a price spike near the 1.16000 level, where another resistance is expected for buyers. In this situation, the price will tend to 1.15000, from where sales can be activated much faster.
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The current position of the Euro on the market is not the most optimistic. The currency is under pressure from both the US dollar and the Pound.
At the beginning of the week, EURUSD may try to recover to a price spike near the 1.16000 level, where another resistance is expected for buyers. In this situation, the price will tend to 1.15000, from where sales can be activated much faster.
Thanks for your comments and likes 👍
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