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EURUSD looks to retest the high from Monday/January and topside swing level
The EURUSD has moved to a new high for the day and in the process has moved closer to the Monday high price at 1.09261. Above that level and traders would eye a swing level around 1.0940.
Going back to March and April 2022, there were a series of swing lows and highs between 1.0935 and 1.09438. Getting above that area would open the door for further upside momentum.
Conversely, sellers against the area may see traders increasing that level as a top side ceiling.
Drilling t... Read More
Posted: Jan 25 2023, 15:27
Author Name: forexlive
Views: 110632