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EURUSD tumbles to key support target. Will buyers lean against the key swing area?
A technical update for the EURUSD:The EURUSD has continued its move to the downside as dollar buying dominates early US trading. The price has moved down to a key swing area. Looking at the 4-hour chart below, the area between 1.0833 and 1.08485 is home to a number of swing lows and highs going back to mid-May (see red numbered circles on the chart below). Last week, the price bottomed in this area and rebounded back higher in early trading this week. In trading today, the high price reached up...
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Posted: Aug 22 2023, 14:30
Author Name: forexlive
Views: 110683