EUR/USD – 17.07.2024

EUR/USD – 17.07.2024

The Euro managed to break above 1.0915 today which could set off another advance as previously predicted.

As we see on the daily chart, prices now face a 1.0860 support level. If prices hold above it then the advance wave could move toward 1.1140 and above.

Intraday levels will face resistance around the 1.0980-99 zone which could push for a correction before advancing toward 1.1140.

Below 1.0860 more of a drop toward 1.0700 could hit the market.

SUPPORT RESISTANCE
LEVEL1 1.0860 1.0980-99
LEVEL2 1.0700 1.1140
LEVEL3 1.0600 1.1275

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