Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD analysis for February 01, 2022 - Strong upside momentum

parent
Forex Analysis:::2022-02-01T14:42:16

EUR/USD analysis for February 01, 2022 - Strong upside momentum

Technical analysis:

EUR/USD analysis for February 01, 2022 - Strong upside momentum

EUR/USD has been trading upside today and the day looks very imbalanced. I see potential for the upside continuation.

Trading recommendation:

Due to the imbalanced regime and that upside breakout of the contraction, watch for the buying opportunities on the pullbacks.

Upside objectives are set at $1,300 and 1,335

Support level is set at the price of 1,1233

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...