Market Analysis of EURUSD on Thursday 3 August 2023

2023-08-03 10:35Source:BtcDana

EUR/USD Intraday: key resistance at 1.0965.

 

Pivot:

1.0965

 

Our preference:

Short positions below 1.0965 with targets at 1.0915 & 1.0900 in extension.

 

Alternative scenario:

Above 1.0965 look for further upside with 1.0980 & 1.1000 as targets.

 

Comment:

As long as the resistance at 1.0965 is not surpassed, the risk of the break below 1.0915 remains high.

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