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Free EUR/USD Recovery Attempt Could Face Hurdles Majuro

Published date: February 21, 2023
  • Location: Majuro, Cyprus

The Euro remained in a bearish zone below 1.0800 against the USD. EUR/USD extended its decline below the 1.0700 level to move further into a bearish zone. There was a clear move below the 1.0650 support zone. The pair traded as low as 1.0612 and is currently correcting losses. There was a minor increase above the 1.0640 and 1.0650 resistance levels.

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