Daily Technical Analysis & Recommendations - EURUSD - 1st November, 2022

• EURUSD hold the support @ 0.9880 and start up move as US Dollar losses further ground. Fed is more dovish than ECB. EURUSD next target 1.0194,
• ISM Manufacturing PMI coming up next. 
• We must stay on upward side.

Recommendations: Stay in buying, 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