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

 

 

  Disclosure of risk:     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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