Yesterday the EUR/USD traded higher and closed the day in positive territory around $1.0245. Today, it, on the contrary, fell a little, dropping to the level of $1.0230. On the hourly chart, EUR/USD is testing resistance - the moving average line MA (200) H1 ($1.0195). On the four-hour chart, the EUR/USD is still below the MA 200 H4 line. Based on the above, it is probably worth sticking to the south direction in trading, and as long as the EUR/USD remains below MA 200 H4, it may be necessary to look for entry points to sell at the end of the correction.
Resistances levels are at: $1.0250, $1.0295, $1.0325
Support levels are at: $1.0205, $1.0155-65, $1.0115-25
Probably, the main scenario is the continued decline to $1.0205 (low of the American session on Aug 4).
An alternative scenario is fixing above MA 200 H1, followed by growth to $1.0325 (high of the American session on Jul 5).
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