EURUSD Daily Analysis – August 7, 2023

EURUSD is currently encountering the resistance of the falling trend line on the 4-hour chart. As long as the price remains below the trend line resistance, the bounce from 1.0912 could be viewed as a consolidation phase within the downtrend from 1.1275. If there is a breakdown below the support level at 1.0912, it could … <a href="https://www.forexcycle.com/short-term-forex-analysis/136551-eurusd-daily-analysis-august-7-2023.html">Continue reading<span> "EURUSD Daily Analysis – August 7, 2023"</span></a>