Analyst: Continuing bearish EUR/USD, stop loss above 1.3525

On Monday morning (October 10), the Asian market rebounded after the euro/dollar was in a narrow range and was currently trading at the 1.3396 line.

Some analysts said that last Friday (October 7th) the euro/dollar failed to break the downward trend line starting from the September 15 high, and the weekly highs and lows continued to decline, the market continued to bearish attention In the hourly chart, the initial resistance line, the stop loss is located above the previous week's high 1.3525, the target to see the last week's low 1.3144, but also the past eight and a half months low.

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