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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 23.7.2024

Technical Analysis
Tuesday, July 23, 2024 - 13:06
Point Trader Group
EURUSD 23.7.2024

General trend: down. 
Expected scenario:
The pair is trading below a strong resistance level around 1.0940 – 1.1000, which enhances the chances of a drop to 1.0840 – 1.0800.
Alternative scenario:
The scenario turns to the upside with a break of 1.1000, targeting the pair 1.1050 – 1.1100.
The most important levels
resistance:
1.1000 – 1.1100
support:
1.0840 – 1.0800

*Risk Disclaimer: 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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