EURUSD 13.8.2024

Technical Analysis
Tuesday, August 13, 2024 - 10:17
Point Trader Group

General trend: down. 
Expected scenario:
The pair is trading below a strong resistance level around 1.0950, which enhances the chances of a drop to $1.0890.
Alternative scenario:
The scenario turns bullish with a break of $1.0950, targeting $1.0983.
The most important levels
resistance:
1.0983 – 1.1030
support:
1.0890 – 1.0780

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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