Forex EUR/USD Daily Video, October 05, 2023

Sive Morten

Special Consultant to the FPA
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18,676
Good morning,

EUR has tried to use at least something to get a minor relief of unstoppable pressure. This time it has become an ADP. Slightly lower numbers have triggered the pullback. We still keep our bearish view intact and consider ~1.04 area as next target, despite that NFP volatility could bring some troubles.

 
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