Caution is needed on the daily chart for a potential corrective

The euro's daily chart shows oversold conditions, and the Superwave Confluence Indicator has bottoming characteristics. A short-term long trade could be a good choice.

The weekly trend for the euro is expected to be bearish and may continue until around late October. Caution is needed on the daily chart for a potential corrective rebound. EURUSD
Technical Indicators

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