EURUSD Daily Analysis – August 9, 2023

EURUSD has been moving sideways within a trading range between 1.0912 and 1.1047. As long as the price remains below the trend line resistance, the sideways movement could be considered as consolidation within the ongoing downtrend from 1.1275. In this scenario, a breakdown below the support level at 1.0912 could potentially trigger a further downside … <a href="https://www.forexcycle.com/short-term-forex-analysis/136592-eurusd-daily-analysis-august-9-2023.html">Continue reading<span> "EURUSD Daily Analysis – August 9, 2023"</span></a>