EUR/USD’s megaphone formation is showing how confused these markets are. Critical cluster of support around the 1.05 area. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for!

EUR/USD respecting 1,0640 as its new weekly support. Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for!

Daily Fibonacci and 1,10 psychological resistance may be too much for EUR/USD (Feb. 2, 2023)