Technical Analysis : EUR/USD 16 August 2024

Forex Technical Analysis : EURUSD

Date : 16 August 2024

Momentum : Down

First Scenario : short positions below 1.09997 with targets at 1.09678, 1.09410 and 1.09129

Second Scenario : long positions above 1.09997 with targets at 1.10287, 1.10474 and 1.10780

Comment : The price movement is no clear trend.

Supports and resistances :

1.10780 **
1.10474 *
1.10287
1.09825 - Last price
1.09678
1.09410 *
1.09129 **

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