End of day analysis for the EURUSD 23-10-2020

2020-10-23 16:59:20 GMT (

The EURUSD pair begins providing negative trades after approaching the bullish channel’s resistance that appears on the chart, accompanied by stochastic reach to the thresholds of the overbought areas, waiting to resume the expected bearish trend for today, which depends on the price stability below 1.1880, while its next main target located at 1.1720.

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