Forex Trading Library

EUR/USD – 22.08.2024

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The Euro met the target of 1.1140 and managed to hit a few pips above that resistance.

As we see on the Intraday chart, the market now faces the first support around 1.1070. The Euro could advance further is firmly supported, with resistance around the 1.1275 zone.

Below 1.1070, a chance for a further drop could hit the market with supports around 1.1020 and 1.0970.

SUPPORT RESISTANCE
LEVEL1 1.1070 1.1175
LEVEL2 1.1020 1.1275
LEVEL3 1.0970 1.1390

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