EUR/USD – 22.07.2024

EUR/USD – 22.07.2024

We are still holding our previous outlook since last week as the Euro managed to test the support 1.0860.
As we see over the Daily chart, prices now face the 1.0860 support level where as long as market holds above, then the advance wave could move toward 1.1140 and higher.
Intraday levels will face resistance around 1.0980-99  which could push for a drop before continuing 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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