EURUSD Analysis – October 2, 2023

EUR/USD has experienced a continued downside movement from 1.1275, reaching as low as 1.0487. As long as the price remains within the falling price channel on the 4-hour chart, any bounce observed from 1.0487 should be considered as a consolidation phase within the overall downtrend. The possibility of a further decline towards the 1.0400 area … <a href="https://www.forexcycle.com/short-term-forex-analysis/137065-eurusd-analysis-october-2-2023.html">Continue reading<span> "EURUSD Analysis – October 2, 2023"</span></a>