EURUSD moves to a new low and retests the 1.0700 level ...Middle East

Traders in the EURUSD are seeing another break. This one is below a swing level near 1.0723. The price today has also moved from the 50% of the move up from the September 2023 low at 1.09936, to - and through - the 61.8% at 1.0712. The price is now testing the 1.0700 level. The short-term risk for traders now is the old floor/swing level at 1.0723. That is the best-case scenario for the sellers looking for more downside. If the price were to move back above that level, there should be disappointment (at least in the short term) on the failed break.See the video for all the details.... This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about eurusd moves to a new low and retests the 1 0700 level was published today ( Tuesday 13/02/2024 - 11:48 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 13 February 2024 clock 11:48 PM

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EURUSD moves to a new low and retests the 1.0700 level ...Middle East

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