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Looking at the 1H timeframe chart there is a clear uptrend for EURUSD. Using the Standard Deviation channel one can see it with some clarity. After hitting the low of 1.31020, in the beginning of September, EURUSD has been recovering consistently. So, I expect a continuation of this movement.
Looking at the 1D timeframe and including a Standard Deviation channel as well, it’s reasonable to expect the price to increase further, probably reaching 1.38770 by the beginning of November.
Looking at the 1D timeframe and including a Standard Deviation channel as well, it’s reasonable to expect the price to increase further, probably reaching 1.38770 by the beginning of November.