EUR/USD – 05.09.2024

EUR/USD – 05.09.2024

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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