EURUSD Forcast for 14th Feb,2023

The instrument has finally given up on the bearish scale and now have started showing Bull Trend. Following are some of the levels which needs to be kept in mind while trading today.

13th Feb -
DH - 1.07299
DL - 1.06555

14th Feb

PIVOT - 1.0701

R1- 1.0747, S1- 1.0673
R2- 1.0776, S2- 1.0627
R3- 1.0850, S3- 1.0552

* EURUSD should avoid going below the pivot , so that it can target R1 1.0747
* A move above 1.07299 would signal a bullish session.
* If it falls through the Pivot then it can go down to S1 1.0673
* To avoid extra sell off it should avoid levels below 1.06
* A move above 1.07438 and 1.0747 would give a bull run to 1.07553 and 1.0776
* Failure to break 1.07438 level in the upwards direction would bring EURUSD down to 1.0673

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