EUR/USD – 16.08.2024
The Euro managed to test the resistance zone of 1.1030-50 while still holding inside an uptrend channel.
The Intraday levels show a possible uptrend channel which could have resistance at 1.1030-50 and support around 1.0890. A trading zone could be created here before advancing toward 1.1140 and above.
Below 1.0890 more of a drop to test the channel support around 1.0820 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.0890 | 1.1030-50 |
LEVEL2 | 1.0820 | 1.1140 |
LEVEL3 | 1.0775 | 1.1275 |
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