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EUR/USD: Short at 1.0570-1.0580 Range

Short
Euro / Dollaro (OANDA:EURUSD)  
investmentMr-X Aggiornato   
OANDA:EURUSD   Euro / Dollaro
Trend Analysis Chart Patterns Fundamental Analysis EURUSD eurshort eurusd1hr EURSGD eursekshort eursud eursekshorts eurtryanalysis euruadanalysis
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trendanalysis chartpattern fundamental eurusd eurshort eurusd1hr eursgd eursekshort eursud eursekshorts eurtryanalysis euruadanalysis
snapshot

Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market trend will be relatively simple.

In the face of this volatility, the most suitable operation for EUR/USD is naturally to short on rallies. Based on the market situation, the following recommendations are given:

Short at the range of 1.0570-1.0580, with targets at 1.0550, 1.0530, and 1.0510, and stop loss to be determined based on individual circumstances.

EURUSD EURUSD EURUSD
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