Technical Analysis : EUR/USD 16 February 2024

Forex Technical Analysis : EURUSD

Date : 16 February 2024

Momentum : Up

First Scenario : long positions above 1.07545 with targets at 1.07777, 1.07996 and 1.08220

Second Scenario : short positions below 1.07545 with targets at 1.07355, 1.07188 and 1.06941

Comment : There is no clear trend in the price movement.

Supports and resistances :

1.08220 **
1.07996 *
1.07777
1.07596 - Last price
1.07355
1.07188 *
1.06941 **

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