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EURUSD: bulls rise
2023-01-09
907
Basic face analysis:
The euro maintains a shock near 1.06451 against the US dollar, which is affected by a strong US dollar. European inflation has also put pressure on the euro. Inflation in Europe may have been seen, which has boosted the hope of the European Central Bank that may adopt less eagle policies, which in turn will support a stronger economy.
Euro USD EURUSD -4 hours K -line diagram display:
Technical analysis:
Look at the 4 -hour chart: low -point long -headed power rises rapidly, short -term bullish emotions are shrouded, and the market's long -term emergence is constantly emerging. MACD indicators are shifting up in the short area of the short area.
Multi -time turning point: 1.06351
Suppression: 1.06597, 1.06744
Support: 1.06214, 1.06077
Transaction strategy: 1.06351 to see the bullish, target 1.06597, 1.06744
Alternative strategy: 1.06351 to see the drop below, target 1.06214, 1.06077
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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