EUR/USD Review, October 24-28, 2022 | worldforex
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EUR/USD Review, October 24-28, 2022
24 October 2022

 

The currency pair fluctuated in a range last week due to weak US data. EUR/USD managed to stay above 0.9773, but the currency pair still stays below the descending trend line, which indicates the general downtrend. We expect EUR/USD to test the descending trend line. If it breaks out, the currency pair will likely target 1.0002.

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