Daily Technical Analysis & Recommendations - EURUSD - 31st October, 2022

• EURUSD stays in red  below 0.9950 despite upbeat German GDP. 
• EURUSD next target 1.0194. 
• Core CPE price index eyed. 
• We must stay upward side. 

Recommendations: Buy near 0.9930, target 1.0194, Stop Loss below 0.9880. 

Alternative Scenario: Break of 0.9880 will turn back to downside for retest of 0.9740.

Naveed Anjum

Technical Analyst