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UncategorizedForex: EUR/USD technical analysis 30th January 2023. hourly chart.

Forex: EUR/USD technical analysis 30th January 2023. hourly chart.

The EUR/USD is still testing the MA 200 H1 support.
On 30th January the EUR/USD traded lower and closed the day in the red zone near the price of $1.0850. Today 31st it was trading in a narrow range of $1.0840-60, staying close to yesterday’s closing price. On the hourly chart, EUR/USD is still testing the strength of the support – the moving average line MA (200) H1 ($1.0865). On the four-hour chart, the EUR/USD is still above the MA 200 H4 line.

Resistances levels are at: $1.0910, $1.0930-35, $1.0990

Support levels are at: $1.0835-40, $1.0800, $1.0785

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