EURUSD 17.08.2022

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

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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