Technical Analysis : EUR/USD 5 August 2024

Forex Technical Analysis : EURUSD

Date : 5 August 2024

Momentum : Down

First Scenario : short positions below 1.09270 with targets at 1.08912, 1.08707 and 1.08374

Second Scenario : long positions above 1.09270 with targets at 1.09557, 1.09813 and 1.09999

Comment : RSI - Bearish divergence.

Supports and resistances :

1.09999 **
1.09813 *
1.09557
1.09126 - Last price
1.08912
1.08707 *
1.08374 **

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