Technical Analysis : EUR/USD 23 August 2023

Forex Technical Analysis : EURUSD

Date : 23 August 2023

Momentum : Down

First Scenario : short positions below 1.08925 with targets at 1.08321, 1.08020 and 1.07420

Second Scenario : long positions above 1.08925 with targets at 1.09305, 1.09602 and 1.10050

Comment : RSI - Bearish divergence.

Supports and resistances :

1.10050 **
1.09602 *
1.09305
1.08566 - Last price
1.08321
1.08020 *
1.07420 **

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