EURUSD Forex Analysis – Friday (16-02-2024)

EURUSD Forex Analysis – Friday (16-02-2024)

EURUSD Forex Analysis for Today – Friday (16-02-2024)

EURUSD Pullback to Flag Area: Still Opportunities for SELL

Daily Analysis EURUSD

Dollar Correction

The dollar index corrected last night after US retail sales data increased the chances of the Fed cutting interest rates in June, for the first time since the pandemic.

Pullback to Bearish Flag Area

Selling opportunities can still be sought as there is a pullback to the bearish flag.

Prediction: WEAK EURUSD


  • R1 1.08108
  • R2 1.07803
  • R3 1.08283
  • R4 1.08485


  • S1 1.07803
  • S2 1.08108
  • S3 1.07706
  • S4 1.07404

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *