EURUSD analysis 09/01/2023

  • The EU had a rebound for the Month frame in the early days, then there were strong reversal signals in the H4 and D1 frames right in the 1,050 area that helped W1 close the long leg withdrawal candlestick => Strong buying has appeared.
  • This week, we wait for the EU to return to test around 1.062, if there is a signal of a reversal of the H4 frame, we can immediately enter a Buy order with the target aiming at 1.075.

Command reference:
Buy 1,062
SL 1.058
TP: 1,070

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