EURUSD pair tried to break down channel resistance

18 ต.ค. 2023

The EUR/USD pair made an attempt to break through the resistance of the descending channel, but it returns to trading below it again, so that the downward trend scenario remains valid and effective for today, supported by the negativity of the Stochastic indicator, waiting to visit the levels of 1.0519 and then 1.0478 , which represent our next main targets, remembering that stability below 1.0575 represents A prerequisite for the expected decline to continue.