Technical Analysis : EUR/USD 25 August 2023

Forex Technical Analysis : EURUSD

Date : 25 August 2023

Momentum : Down

First Scenario : short positions below 1.08010 with targets at 1.07420, 1.06825 and 1.06340

Second Scenario : long positions above 1.08010 with targets at 1.08321, 1.08767 and 1.09305

Comment : RSI - Downside momentum.

Supports and resistances :

1.09305 **
1.08767 *
1.08321
1.07810 - Last price
1.07420
1.06825 *
1.06340 **

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