EURUSD 05/08/2020
The EURUSD pair reached the daily resistance level of 1.1819. In order for the rise to gain more momentum, it needs to break out and stay above 1.1819 on a daily basis. in this case, the next resistance level will be placed at 1.2046. Otherwise, the main support level will be found in 1.1744
Support: 1.1744 - 1.1658 - 1.1587
Resistance : 1.1819 - 1.2046 - 1.2214
The EURUSD pair reached the daily resistance level of 1.1819. In order for the rise to gain more momentum, it needs to break out and stay above 1.1819 on a daily basis. in this case, the next resistance level will be placed at 1.2046. Otherwise, the main support level will be found in 1.1744
Support: 1.1744 - 1.1658 - 1.1587
Resistance : 1.1819 - 1.2046 - 1.2214
