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10.09.2024 07:44 AM
Technical Analysis of Daily Price Movement of EUR/USD Main Currency Pairs, Tuesday September 10, 2024.

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After successfully breaking through the 1.1140 level, EUR/USD will now try to go back down below that level and form a Bearish 123 pattern plus confirmation of the appearance of deviations between the Fiber price movement and the Stochastic Oscillator indicator, then in the next few days EUR/USD has the potential to weaken where the 1.1027 level will be tested and if this level is successfully broken down, EUR/USD will continue to weaken to the 1.0944 level as its main target and if the momentum and volatility support it, 1.0875 will be the next target to be targeted, but all these weakening scenarios will be invalid and canceled by themselves if EUR/USD suddenly strengthens again and breaks above the 1.1152 level.

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