During the European period, multiple countries in the Eurozone will announce one after another10monthPMIInitial data value

Huitong Network10month24Daily News - Monday(10month24day)In the Asian session, the euro/US dollar once again touched last Friday(10month21day)Low point1.0858Relative strength indicators enter the oversold zone20The market for killing many is expected to start.

During the European period, multiple countries in the Eurozone will announce one after another10monthPMIInitial data value. Most market participants expect that the European Central Bank12In the month, a new loose policy will be introduced, oncePMIThe weak data will further fuel this expectation.

This week, multiple officials from the Federal Reserve will also deliver speeches one after another. Currently, the Federal Reserve12The probability of monthly interest rate hikes remains at70%Near the high position.
The euro hit a recent low against the US dollar1.0858Follow the EurozonePMIinitial value

technical analysis
High gear pressure is located at6month24Daily low point1.0911、7month25Daily low point1.0952And the big difference with integers1.10. Low level support is seen in1.0828(5Monthly high point-6Monthly low point range from8Starting from the highest point of the month76.4%Downward extension position), integer level1.08as well as1.0777(1.0517-1.1616section76.4%Split bit)。


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