๐EURUSD 08/02/2022: 1.02500 in focusโ๏ธ
๐Priority direction: Up.
๐Description: The reaction of sellers at the level of 1.02500 is expected, however, it is too early to talk about the complete capitulation of buyers. The struggle at the current resistance will decide where the euro will go: to the support at 1.07000 or further up to 1.03300. Based on the fact that the instrument is in an uptrend locally, it is better to lean more towards buying (and only on a signal).
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๐Description: The reaction of sellers at the level of 1.02500 is expected, however, it is too early to talk about the complete capitulation of buyers. The struggle at the current resistance will decide where the euro will go: to the support at 1.07000 or further up to 1.03300. Based on the fact that the instrument is in an uptrend locally, it is better to lean more towards buying (and only on a signal).
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Thank you for your support, subscribe and share your ideas here๐
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