EURUSD Analysis of 08.04.2022

There are several opportunities to go through today, we choose to ...

At first glance it would seem like a sliding, or a sliding towards an oversold area that does not work.

On 1H a close above 1.09400 could sanction a turnaround, or at least the start of a recovery swing. The 1.0820 / 00 supports seem to be the best candidates to attempt a first bullish position / guess especially for those who love exhaustion levels.

EURUSD Analysis of 08.04.2022 4H

Better take a close look!

If we move to the 4H time-frame we can see how the weekly support S3 coincides with the last minimum 1.08050, it is very likely that it will be retested, the figure 1.08000 deserves a deepening.


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