Technical Analysis : EUR/USD 16 August 2023

Forex Technical Analysis : EURUSD

Date : 16 August 2023

Momentum : Down

First Scenario : short positions below 1.09255 with targets at 1.08970, 1.08737 and 1.08446

Second Scenario : long positions above 1.09255 with targets at 1.09410, 1.09602 and 1.09838

Comment : Price - Bearish.

Supports and resistances :

1.09838 **
1.09602 *
1.09410
1.09086 - Last price
1.08970
1.08737 *
1.08446 **

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