AbsoluteWillid

EURUSD TODAY 22/08/23

FX:EURUSD   Euro / U.S. Dollar
EURUSD is attempting to confirm a short-term reversal after failing to break the support at 1.08534. The price has crossed both the MA8 and MA20, and a golden cross between these moving averages is forming, potentially pushing EURUSD up towards the resistance at 1.09195. It's advisable not to rush into positions today, as the market is likely to move sideways with irregular trends, posing higher risks.


Let's wait for clarity on today's trend before entering positions.

R3 1.09886
R2 1.09558
R1 1.09195
PV 1.08747
S1 1.08534
S2 1.07852
S3 1.07617

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