FX.co ★ Technical Analysis of Daily Price Movement of EUR/USD Main Currency Pairs, Monday February 27, 2023.

EUR/USD on the daily chart seems on the low condition where this is confirmed by the appearance of deviations between price movements and the Stochastic Oscillator indicator and moves below the 10 EMA which dips down so that in the next few days it has the potential to fall down to test the 1.0483 level. If this level is successfully broken down, then the 1.0223 level will be the main target. will be aimed at and the 0.9936 level will be the next target if the momentum and volatility are sufficiently supportive with a note that on the way to the targets of this level there is no significant correction to break above the 1.0804 level because if this level is successfully broken above then Bearish conditions in Fiber have the potential to stalled for some time or even reversed so that all the decline scenarios that have been described just now will become invalid and cancel by themselves.

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