EURUSD
On Tuesday, EURUSD rebounded to January's level, rising 0.28% at the end of market to $1.2250. EURUSD also strengthened by a max of 0.4% to 1.2266 USD, the highest since January 8. The rise in Euro is because of U.S. Index making a new low since the beginning of January which is 89.53, as U.S. Treasury yields hit a new low in several weeks, and Fed officials did not agree with inflation expectations. From a technical point of view, Euro daily candle has been bullish for a few days, and continue to form a new high, the market is active, with a strong bullish sentiment. The H4 graph shows that 1.1240 is the deciding zone for bull and bear. Indicators continued to show bullish signal. Overall prioritise Buy on low on the fluctuation zone. The deciding point whether to buy or sell is near 1.2240.
Resistance：1.2275-1.2300-1.2350
Support：1.2240-1.2200-1.2160
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.