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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURTRY 10.02.2021

Technical Analysis
Wednesday, February 10, 2021 - 11:14
Point Trader Group
EURTRY 10.02.2021

Overview:

Prices are moving in a short term bearish direction

Expected:

The pair is trading below a strong resistance level around 8.6148, which enhances the downside chances during the day's trading to 8.4610

Alternative Scenario: 

On the other hand, we think that if the 8.6148 level is broken to the upside, this pair might rise to 8.7080

Resistance8.61488.70808.7180
Support8.48268.46028.4300

 

 

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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