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Speaking of dodging bullets, the EURUSD, GBPUSD, & USDJPY went to the edge and backed off

Speaking of dodging bullets, the EURUSD, GBPUSD, & USDJPY went to the edge and backed off

The broader US stock indices are trying to dodge a bearish bullet on the rebound back to the upside help by Fed's Bostics comments. The EURUSD, USDJPY and GBPUSD are also trying to dodge it's own bullets.

EURUSD:

Looking at the EURUSD, the low price reached 1.0576. That was the low of the swing area between 1.0576 and 1.05853. Moving below that level would have increased the bearish bias for the EURUSD ( Read More

Posted: Mar 2 2023, 19:34
Author Name: forexlive
Views: 102059

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