Technical Analysis : EUR/USD 14 May 2024

Forex Technical Analysis : EURUSD

Date : 14 May 2024

Momentum : Down

First Scenario : short positions below 1.08068 with targets at 1.07595, 1.07231 and 1.06893

Second Scenario : long positions above 1.08068 with targets at 1.08480, 1.08851 and 1.09237

Comment : The price movement is no clear trend.

Supports and resistances :

1.09237 **
1.08851 *
1.08480
1.07860 - Last price
1.07595
1.07231 *
1.06893 **

Warning : This information is not a buy-sell signal.