Technical Analysis : EUR/USD 7 February 2024

Forex Technical Analysis : EURUSD

Date : 7 February 2024

Momentum : Up

First Scenario : long positions above 1.07440 with targets at 1.07861, 1.08170 and 1.08423

Second Scenario : short positions below 1.07440 with targets at 1.07217, 1.06922 and 1.06643

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

Supports and resistances :

1.08423 **
1.08170 *
1.07861
1.07624 - Last price
1.07217
1.06922 *
1.06643 **

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