Technical Analysis : EUR/USD 18 May 2023

Forex Technical Analysis : EURUSD

Date : 18 May 2023

Momentum : Down

First Scenario : short positions below 1.08330 with targets at 1.08190, 1.08082 and 1.07979

Second Scenario : long positions above 1.08330 with targets at 1.08491, 1.08620 and 1.08740

Comment : RSI - Bearish.

Supports and resistances :

1.08740 **
1.08620 *
1.08491
1.08330 - Last price
1.08190
1.08082 *
1.07979 **

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