Forex EUR/USD Daily Video, October 10, 2022

Sive Morten

Special Consultant to the FPA
Messages
18,681
Good morning,

Fundamental background stands bearish for EUR. Technically it is vital to hold bullish trend on daily chart to keep chances on upside AB-CD retracement. Otherwise EUR will drop below 0.95 lows:

 
I closed my first position for small loss after NFP. I will hold 2nd position and watch for 61.8 reversal pattern. If Daily closes below this area..then i will close 2nd position also! ;)
 
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