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Back Technical analysis
EUR/USD and GBP/USD: technical analysis on October 9, 2024
EUR/USD Higher timeframes The market remains uncertain.
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EUR/USD Higher timeframes The market remains uncertain. The EUR/USD pair is trading without a clear-cut trend, oscillating within a narrow daily range and staying below the weekly Ichimoku level at 1.0980. All nearby levels remain the same key levels. For the bears, it is important to break through the daily Ichimoku cloud (1.0935) and push towards the cluster of levels from various timeframes around 1.0908. Meanwhile, for the bulls, the first resistance levels they will encounter are 1.1052, 1.1057, and 1.1062
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