EURUSD Analysis 7-November-2024
We saw sharp declines in the parity yesterday. In the short term, as long as it remains below 1.0760 and 1.09 in the broader picture, we expect the outlook to remain weak and increases to provide a selling opportunity. Below 1.07, 1.0670 can be tested.
Resistance | 1.0760 | 1.0800 | 1.0900 |
Support | 1.0700 | 1.0670 | 1.0630 |