Technical Analysis : EUR/USD 6 May 2024

Forex Technical Analysis : EURUSD

Date : 6 May 2024

Momentum : Up

First Scenario : long positions above 1.07507 with targets at 1.07801, 1.08124 and 1.08480

Second Scenario : short positions below 1.07507 with targets at 1.07225, 1.06947 and 1.06686

Comment : There is no clear trend in the price movement.

Supports and resistances :

1.08480 **
1.08124 *
1.07801
1.07610 - Last price
1.07225
1.06947 *
1.06686 **

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