Technical Analysis : EUR/USD 4 January 2024

Forex Technical Analysis : EURUSD

Date : 4 January 2024

Momentum : Down

First Scenario : short positions below 1.09399 with targets at 1.09150, 1.08973 and 1.08791

Second Scenario : long positions above 1.09399 with targets at 1.09630, 1.09757 and 1.09874

Comment : The price movement is no clear trend.

Supports and resistances :

1.09874 **
1.09757 *
1.09630
1.09242 - Last price
1.09150
1.08973 *
1.08791 **

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