Forex EUR/USD Daily Video, February 07, 2023

[Sive Morten]

Good morning,

EUR is coming to strong daily support of 1.0692-1.0723 where we suggest to see the bounce, somewhere to ~1.08-1.0820 area:

 

[Brett Reynolds]

So B&B on Monthly chart begins.? Well..if so then it's perfect as it begins from 50% retracement of whole move down from June 2021. A nice pullback this week towards 1.08 area could provide great opportunity for next few weeks down towards 'Parity'.!? I will wait for this retracement and like the 1.0775..so don't' Miss the Boat'.! ?

 

[Sive Morten]

So B&B on Monthly chart begins.? Well..if so then it's perfect as it begins from 50% retracement of whole move down from June 2021. A nice pullback this week towards 1.08 area could provide great opportunity for next few weeks down towards 'Parity'.!? I will wait for this retracement and like the 1.0775..so don't' Miss the Boat'.! ?

Yep, I'm also watching it, keeping fingers crossed. Currently it seems everything goes more or less accurate...