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EURUSD falls back below the January highs at 1.09288. Press conference is over.

EURUSD falls back below the January highs at 1.09288. Press conference is over.

The EURUSD has fallen back below the swing highs from January at 1.09288. There is some additional momentum to the downside on the break. The low price has just reached 1.0909.

The next targets come at the 100 and 200 hour moving averages (blue and green lines in the chart above). Those moving averages are near 1.0890 to 1.0892.

A move below... Read More

Posted: Feb 2 2023, 14:47
Author Name: forexlive
Views: 110894

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