Technical Analysis : EUR/USD 7 May 2024

Forex Technical Analysis : EURUSD

Date : 7 May 2024

Momentum : Down

First Scenario : short positions below 1.07720 with targets at 1.07354, 1.07050 and 1.06734

Second Scenario : long positions above 1.07720 with targets at 1.07983, 1.08222 and 1.08480

Comment : Price - Bearish.

Supports and resistances :

1.08480 **
1.08222 *
1.07983
1.07601 - Last price
1.07354
1.07050 *
1.06734 **

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