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EUR/USD: Simple Trading Tips for Beginner Traders on October 7. Recap of Yesterday's Forex Trades
Trade Analysis and EUR/USD Trading TipsThe
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Trade Analysis and EUR/USD Trading TipsThe price test at 1.1684 occurred at a time when the MACD indicator had moved significantly above the zero line, limiting the pair's upside potential—especially after the strong downturn seen earlier. For this reason, I did not buy the euro.Yesterday's trading session showed market participants attempting to exert downward pressure on the euro on the back of political instability in France. However, buyers eventually regained some control, providing temporary support for the single currency. The
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
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Pavel Vlasov
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