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EURUSD Analysis 12Oct2023

Euro / USA-dollar (FX:EURUSD)  
Hokusai_FX  
FX:EURUSD   Euro / USA-dollar
Trend Analysis Technical Indicators Wave Analysis EURUSD eurusdanalysis eurusdidea eurusdforecast hokusaifx forexsignals eurusdoutlook eurusdtechnicalanalysis
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trendanalysis indicator waveanalysis eurusd eurusdanalysis eurusdidea eurusdforecast hokusaifx forexsignals eurusdoutlook eurusdtechnicalanalysis
Based on last week's analysis, the EUR/USD pair showed strong bullish momentum. However, this week a reversal has been observed after the price formed a CHoCH pattern. The nearest target is still in the trendline area, followed by the next target at 1.07300. If this pattern persists, the probability of a continued bullish trend is high.

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