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07.12.202209:06 Forex Analysis & Reviews: Euro is trading inside a range

Exchange Rates 07.12.2022 analysis

EUR/USD

A correction is seen in the US stock market. A strong support is needed to trigger a rally.

With euro, the situation is different as it is moving within a range. To those who did not sell earlier, you may do so from 1.0580. If the price rises, sell from 1.0580-1.0610 and from 1.0680. But if euro goes down, look for good buying points at the bottom.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Jozef Kovach,
Analytical expert of InstaSpot
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