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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURUSD 17.08.2022

Technical Analysis
Wednesday, August 17, 2022 - 00:32
Point Trader Group
EURUSD 17.08.2022

Summary:

upward (with caution)

Expected scenario:

The pair is trading above a strong support level around 1.0000, which enhances the chances of a rise to 1.0250 – 1.0280

Alternative scenario:

Breaking 1.0000 may push the pair down to 0.9950

resistance levels

1.0250 - 1.0280

Support levels

1.0000 - 0.9950

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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