08.09.202213:45 Forex Analysis & Reviews: EUR/USD analysis for September 08 2022 - Watch for the price action around key pivot level at 1.0075

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Technical analysis:

EUR/USD has been trading upside this morning and it is aproaching the key resistance leveele at 1.0075. Watch for the reaction of this key pivot resistance to confirm further direction.

In case of the rejection of key resistance at 1.0075, watch for the downside rotation towards 0.9975 and 0.9885

In case of the upside breakout of 1.0075, watch for the buying opportunities on the intraday dips with the upside objective at 1.0128

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.