Technical Analysis : EUR/USD 8 July 2021

8 July 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 8 July 2021

Forex Technical Analysis : EURUSD

Date : 8 July 2021

Pivot point : 1.1800

Our preference : long positions above 1.1800 with targets at 1.1830 & 1.1850 in extension.

Alternative scenario : below 1.1800 look for further downside with 1.1780 & 1.1760 as targets.

Comment : the break above 1.1800 is a positive signal that has opened a path to 1.1830.

Supports and resistances :

1.1875 **
1.1850 *
1.1830
1.1822 – Last price
1.1800
1.1780 *
1.1760 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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