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EURUSD Daily Analysis – August 1, 2023

The EURUSD pair remains entrenched in a downtrend, stemming from 1.1275. The recent bounce from 1.0943 is likely a period of consolidation within the overall downtrend. As long as the price stays below the falling trend line on the 4-hour chart, there is a strong indication that the downside move will continue. Traders can anticipate … Continue reading "EURUSD Daily Analysis – August 1, 2023"... Read More
Posted: Aug 1 2023, 06:43
Author Name: forexcycle
Views: 110575

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