EUR/USD Daily Chart Analysis For September 2, 2022
Technical Analysis and Outlook:
Eurodollar attempted to settle above our Mean Res 1.005 for six consecutive trading sessions but is failing. As the currency continues to trade under the 1.000 threshold and slightly above critical Key Sup 0.9940 with a further process to Next Inner Currency Dip 0.9570, and Outer Currency Dip 0.9370 is in the making.
Eurodollar attempted to settle above our Mean Res 1.005 for six consecutive trading sessions but is failing. As the currency continues to trade under the 1.000 threshold and slightly above critical Key Sup 0.9940 with a further process to Next Inner Currency Dip 0.9570, and Outer Currency Dip 0.9370 is in the making.