Strifor || EURUSD-08/01/2023

Preferred direction: SELL
Comment: The euro, as expected, fell to the support at 1.09623 and, most likely, the selling pressure will not weaken. The closest target to which the price can easily approach is 1.09000. Level 1.08485 is the second target for sellers. As mentioned earlier, most likely the instrument will be under pressure throughout the week, and only by the end of it against the backdrop of fixing positions before the weekend, we can expect a recovery.

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