EURUSD falls into support. Bounces.

August 5, 2024
-FCHFX

August 05, 2024 at 06:10PM
The EURUSD has moved lower in the US session and had fallen to a key target. That target comes in against the high from a few weeks ago at 1.09477, and a swing high going back to March 21 at 1.0942.

That area between 1.0942 to 1.09477 is key today and going forward.

IN the video above, I show the key levels, discuss the volatile price action, and explain the “why” for traders now and going forward.

This article was written by Greg Michalowski at www.forexlive.com.

EURUSD falls into support. Bounces.

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