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14.10.202113:35 विदेशी मुद्रा विश्लेषण और समीक्षा: EUR/USD analysis for October 14, 2021 - Potential for downside rotation

Technical analysis:

Exchange Rates 14.10.2021 analysis

EUR/USD has been trading upside but I see potential for the downside movement due to test of resistance at 1,1620.

Trading recommendation:

Downside trend is still active short-term and my advice is to watch for selling opportunities with the downside targets at 1,1590 and 1,1545.

Stochastic is showing bearish divergence and fresh bear cross, which is another sign and confirmation for the downside rotation.

Key resistance is set at 1,1620

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Petar Jacimovic,
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