Technical Analysis : EUR/USD 2 May 2024

Forex Technical Analysis : EURUSD

Date : 2 May 2024

Momentum : Up

First Scenario : long positions above 1.07038 with targets at 1.07354, 1.07530 and 1.07790

Second Scenario : short positions below 1.07038 with targets at 1.06859, 1.06686 and 1.06486

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

Supports and resistances :

1.07790 **
1.07530 *
1.07354
1.07161 - Last price
1.06859
1.06686 *
1.06486 **

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