The EUR/USD still trading near 4-week low.
The EUR/USD still trading near 4-week low.
Yesterday 7th February 2023, the EUR/USD traded in different directions in the range of $1.0670-$1.0765 and closed the day without significant changes. Today 8th February 2023, it also traded in a tight range of $1.0720-35, staying close to a 4-week low. On the hourly chart, EUR/USD is still trading below the moving average MA (200) H1 ($1.0850). The situation is similar on the four-hour chart.
Resistances levels are at: $1.0765-85, $1.0875, $1.0940
Support levels are at: $1.0660-70, $1.0600, $1.0500-25