EURUSD Further Decrease? 06.02.2023
Mis à jour
Market Updates:
The market has been crazy over the last few days because of the important figure releases.
Especially for the Non-Farm Employment Change 517K positive change, which was way more than the expected.
There is no signal of a retracement because the market seems to show signals of a further down move.
It is start of the week and we are not expecting high volatility, however further move due to this shock is more logicaI.
The support level has broken and the next is near 1.07530.
The market has been crazy over the last few days because of the important figure releases.
Especially for the Non-Farm Employment Change 517K positive change, which was way more than the expected.
There is no signal of a retracement because the market seems to show signals of a further down move.
It is start of the week and we are not expecting high volatility, however further move due to this shock is more logicaI.
The support level has broken and the next is near 1.07530.
Note
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BDSwiss Research Team: Stuart Cowell, Da-Costa Assumang, Adnan Rehman, Aldo Weidner
Our team of renowned market analysts and professional traders work round the clock to provide up-to-the-minute market news coverage & actionable financial commentary
Our team of renowned market analysts and professional traders work round the clock to provide up-to-the-minute market news coverage & actionable financial commentary
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