Evening update analysis for the EURUSD 05-08-2022

Economies.com
1 year ago

The EURUSD pair faces extra negative pressure to break 1.0200 level, and heads towards testing the most important support at 1.0100, which requires being aware from the upcoming trading, where the price needs to settle above this level to keep the positive scenario active, supported by gaining positive momentum by stochastic clearly, pointing that our initial target at 1.0278.

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