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07.12.2022 09:06 AM
Euro is trading inside a range

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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.

Jozef Kovach,
Analytical expert of InstaForex
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