Technical analysis of EUR/USD 08/01/2024
The EUR/USD currency pair at (1D) is trading in a sideways trend at 1.0830 (convergence of MA100 and MA200).
The technical picture suggests the development of an upward movement with a target in the area of last year’s high of 1.1080.
The nearest support is around the level of 1.0666
The nearest resistance is at 1.0950.
Created by Joshua Hayn
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