Forex EUR/USD Daily Video, March 10, 2023

[Sive Morten]

Good morning,

EUR is getting support from yesterday's collapse of banking sector and falling US interest rates. Still, EUR performance is not strong enough to be sure with direction change. We still do not consider yet EUR buying. For scalp short position, 1.0617-1.0629 resistance area seems possible, (hopefully NFP will not destroy this plan).

 

[Suomi]

Is DXY still bullish on daily and weekly? For me that is the key question. At 105.8 some pullback was expected. Next level 108 or back to 101? Lets find out...