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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 23.8.2023

Technical Analysis
Wednesday, August 23, 2023 - 13:00
Point Trader Group
EURUSD 23.8.2023

General trend: downward and upward.
Expected scenario:
The pair is approaching a strong support around 1.0760, which enhances its chances of rising to 1.1000.
Alternative scenario:
The pair continues its decline to reach 1.0600, by breaking 1.0760 with an explicit closing.
The most important levels
resistance:
1.1000 – 1.1100
support:
1.0760 – 1.0700

  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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