Rally-Mode
The euro and pound have managed to rally following their recent consolidation phase.
A next higher target is now seen at around 1.0750 in the EUR/USD and around 1.24 in the GBP/USD. On the other side, current support zones could come in at 1.0560 in the euro and 1.2120 in the cable.
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Our trading ideas for today 24/10/23:
EUR/USD
Long @ 1.0690
Short @ 1.0625*
GBP/USD
Long @ 1.2310
Short @ 1.2225
DAX® (GER40)
Long @ 14810
Short @ 14710
Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.
We wish you good trades!
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