Market Analysis of EURUSD on Friday 23 August 2024
Time 2024-08-23 04:04:52

EUR/USD Intraday: the downside prevails.

Pivot:

1.1145

Our preference:

Short positions below 1.1145 with targets at 1.1095 & 1.1070 in extension.

Alternative scenario:

Above 1.1145 look for further upside with 1.1160 & 1.1175 as targets.

Comment:

A break below 1.1095 would trigger a drop towards 1.1070.

source BtcDana