EURUSD Upward Potential? 07.03.2023
Updated
All Technicals show EURUSD expected upward move
There seems to be a significant resistance at 1.0695
that if it breaks it would be a Long move.
However, it needs caution because of the previous resistances
1.0705 for example that might cause the price move upwards to stop.
Next stop after that is estimated to be 1.072.
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There seems to be a significant resistance at 1.0695
that if it breaks it would be a Long move.
However, it needs caution because of the previous resistances
1.0705 for example that might cause the price move upwards to stop.
Next stop after that is estimated to be 1.072.
__________________________
Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda...
Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure.
BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
Note
Alternatively:Breaking the 1.06680 will potentially start a downward direction to 1.06575.
BDSwiss Research Team: Stuart Cowell, Da-Costa Assumang, Adnan Rehman, Aldo Weidner
Our team of renowned market analysts and professional traders work round the clock to provide up-to-the-minute market news coverage & actionable financial commentary
Our team of renowned market analysts and professional traders work round the clock to provide up-to-the-minute market news coverage & actionable financial commentary
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