FX.co ★ Technical Analysis of Daily Price Movement of EUR/USD Main Currency Pair, Tuesday February 07, 2023.

With the appearance of deviations between price movements and the Stochastic Oscillator indicator, the EUR/USD main currency pair is confirmed to have downward movement but in the next few days Fiber has the potential to be corrected slightly to gain downward momentum again where the correction level to be tested is 1.0852 if This level is able to withstand the upward correction, so EUR/USD has the potential to continue falling again, but if this level is not strong enough to withstand the rate of upward correction of the EUR/USD rally, especially if it penetrates above the 1.0940 level, then it is very likely that the downward scenario described earlier will turn out to be unacceptable. valid and cancel automatically.

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