Forex Trading Library

EUR/USD – 05.09.2024

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The Euro rebounded after testing the support level of 1.1040 in the last few days.

As we see on the chart, the market still facing supports around 1.1040 and 1.0970-90 with resistances at 1.1140 and 1.1200. There is a chance for another advance wave toward 1.1200 and 1.1275.

Below 1.0970 more of a drop to test the 1.0880 zone could happen.

SUPPORT RESISTANCE
LEVEL1 1.1040 1.1140
LEVEL2 1.0970 1.1200
LEVEL3 1.0880 1.1275

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