EUR/USD – 20.08.2024

EUR/USD – 20.08.2024

The Euro broke above 1.1050 and continues to as projected last week as the next resistance is towards 1.1140.

The market could head for a drop to 1.1140 with support at 1.1030-50 before advancing again.

Above 1.1140 will be the first sign of further advance towards the second target and resistance of 1.1275.

Below 1.1030 more of a drop could hit the market before moving to the second support at 1.0950.

SUPPORT RESISTANCE
LEVEL1 1.1030-50 1.1140
LEVEL2 1.0950 1.1200
LEVEL3 1.0890 1.1275

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