Euro / U.S. DollarShort
Strifor || EURUSD-08/02/2023
Preferred direction: SELL
Comment: The currency pair has been pushing towards the support level of 1.09623, that most likely indicates continued sales. However, it can hardly be said that this is a medium-term perspective. At the moment, the fall limit is considered to the level of 1.09000, and that is more likely against the background of the release of data, which is enough this week. Today and at the beginning of tomorrow, a slight recovery is expected, respectively, small longs can be considered. Further, most likely there will be a long-awaited short-term fall to the indicated targets.
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Comment: The currency pair has been pushing towards the support level of 1.09623, that most likely indicates continued sales. However, it can hardly be said that this is a medium-term perspective. At the moment, the fall limit is considered to the level of 1.09000, and that is more likely against the background of the release of data, which is enough this week. Today and at the beginning of tomorrow, a slight recovery is expected, respectively, small longs can be considered. Further, most likely there will be a long-awaited short-term fall to the indicated targets.
Thank you for like and share your views!
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.