Forex Trading Library

EUR/USD – 09.07.2024

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As seen last Friday and on our previous chart, the Euro managed to hit a 1.0844 high closing from the target 1.0850.
The market is facing a resistance Triangle Formation around 1.0890-1.0915, which if the market fails to break, another drop toward 1.0700 will be expected.
Above 1.0915 more advance toward 1.1130 is likely.

LEVEL1 1.0775 1.0890-1.0915
LEVEL2 1.0650-75 1.1000
LEVEL3 1.0450 1.1130

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