Technical Analysis : EUR/USD 17 May 2024

Forex Technical Analysis : EURUSD

Date : 17 May 2024

Momentum : Down

First Scenario : short positions below 1.08760 with targets at 1.08207, 1.07901 and 1.07595

Second Scenario : long positions above 1.08760 with targets at 1.09061, 1.09426 and 1.09813

Comment : The price movement is no clear trend.

Supports and resistances :

1.09813 **
1.09426 *
1.09061
1.08583 - Last price
1.08207
1.07901 *
1.07595 **

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