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Saturday, October 02, 2021

✍️ EURUSD: 04-08.10.2021 targets.

✍️ EURUSD: 04-08.10.2021 targets.

EUR/USD OANDA:EURUSD

Over the past trading week, the net outperformance of the buyers has decreased by 28%.
🌐 The continuation of the daily decline further confirms the 1% increase in market volume .
The likely nature of the flattening on the daily timeframe over the coming week suggests a 1% increase in investors' locked positions.
The nearest medium-term resistance is the strike level of the weekly hedge support area (1.1631).
πŸ‘‰ In case of successful test of the mentioned option resistance (1.1631) we expect downside with targets: market maker loss (1.1571) and upside position gains of $144 million (1.1538).
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