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EUR/USD Daily Chart Analysis For Week of August 11, 2023

Euro / U.S. Dollar (FX:EURUSD)  
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FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Beyond Technical Analysis eurodollar Currencies Forex ecb economy inflationhedge trading investing priceanalysis
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trendanalysis beyondta eurodollar currencies forex ecb economy inflationhedge trading investing priceanalysis
Technical Analysis and Outlook:
This week, the price action of the Eurodollar remained stagnant between the Mean Res 1.102 and Mean Sup 1.094. Thursday's reversal tips its hand to continue the pivotal down-move mode with the target, Outer Currency Dip 1.087. However, another jump toward the Mean Res 1.102 level is also possible in this rigged market.
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