Technical Analysis : EUR/USD 4 August 2023

Forex Technical Analysis : EURUSD

Date : 4 August 2023

Momentum : Up

First Scenario : long positions above 1.09560 with targets at 1.09872, 1.10199 and 1.10475

Second Scenario : short positions below 1.09560 with targets at 1.09152, 1.08737 and 1.08330

Comment : The price movement is no clear trend.

Supports and resistances :

1.10475 **
1.10199 *
1.09872
1.09560 - Last price
1.09152
1.08737 *
1.08330 **

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