EURUSD Price Forecast 10th Feb 2023
The instrument is highly going on a range bound process with a lot of volatile in nature . Some major news today can add to the volatility. Please look for the following levels for a good trade set up.
9th Feb
DH - 1.07908
DL - 1.07089
10TH FEB
Pivot - 1.07460
R1- 1.07820 , S1- 1.07000
R2- 1.08280, S2- 1.06630
R3- 1.09100, S3- 1.05810
* Needs to break the pivot upward to target R1 1.0782 and 1.07908.
* A move above 1.0750 will signal bullish behavior.
* If Pivot is not broken then downward move to S1- 1.0700
* S2 1.0663 should limit the sell off
* If 1.07502 is broken then we can see a bull run to 1.07820 and 1.07982 and 1.08038
9th Feb
DH - 1.07908
DL - 1.07089
10TH FEB
Pivot - 1.07460
R1- 1.07820 , S1- 1.07000
R2- 1.08280, S2- 1.06630
R3- 1.09100, S3- 1.05810
* Needs to break the pivot upward to target R1 1.0782 and 1.07908.
* A move above 1.0750 will signal bullish behavior.
* If Pivot is not broken then downward move to S1- 1.0700
* S2 1.0663 should limit the sell off
* If 1.07502 is broken then we can see a bull run to 1.07820 and 1.07982 and 1.08038
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.