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08.02.2021 08:34 AM
Morning review for EUR/USD on February 8

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EUR/USD:

The behavior of the market towards the euro is changing once again.

There was a strong correction, but the euro is still directed upwards in the long-term.

The new buy level is located at 1.2060, while stop is at 1.2010.

However, we continue to sell from the level of 1.2055. In case of growth, we will make an upward reversal to 1.2060.

Have a nice day!

Jozef Kovach,
Analytical expert of InstaForex
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