FX.co - Euro: Confirmation signal 09.02

2021-02-09T10:19:30

Relevance until2021-02-10

EUR / USD H4 chart

The euro broke through the blue average (picture above) - the euro has been going lower all the time on the way down

We can keep purchasing from 1.2060, the stop is placed at 1.2010.

The euro needs to be consolidated above 1.2100.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Euro: Confirmation signal 09.02