EURUSD 23.7.2024

Technical Analysis
Tuesday, July 23, 2024 - 13:06
Point Trader Group

General trend: down. 
Expected scenario:
The pair is trading below a strong resistance level around 1.0940 – 1.1000, which enhances the chances of a drop to 1.0840 – 1.0800.
Alternative scenario:
The scenario turns to the upside with a break of 1.1000, targeting the pair 1.1050 – 1.1100.
The most important levels
resistance:
1.1000 – 1.1100
support:
1.0840 – 1.0800

  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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