The EUR/USD is testing the support of MA 200 H1.
The EUR/USD is testing the support of MA 200 H1.
Yesterday 2nd February 2023, the EUR/USD was trading lower and closed the day in the red zone near the price of $1.0905. Today 3rd February 2023, it also fell a little, dropping to $1.0890. On the hourly chart, EUR/USD is testing the strength of the support – the line of the moving average MA (200) H1 ($1.0890). On the four-hour chart, the EUR/USD is still above the MA 200 H4 line.
Resistances levels are at: $1.0965, $1.1025-30, $1.1055
Support levels are at: $1.0885, $1.0855, $1.0835