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UncategorizedThe EUR/USD still trading near 4-week low.

The EUR/USD still trading near 4-week low.

The EUR/USD still trading near 4-week low.
Yesterday 8th February 2023, the EUR/USD traded in different directions in the range of $1.0710-60 and closed the day without significant changes. Today 9th February 2023, it also traded in a tight range of $1.0710-30, staying near a 4-week low. On the hourly chart, EUR/USD is still trading below the moving average MA (200) H1 ($1.0830). 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

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