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Daily Market Outlook (02 Sep 2024)
Update Time: 02 Sep 2024 06:09GMT
Next Update At: 00:30GMT
EUR/USD - 1.1057

Despite euro's resumption of medium term upmove to a 13-month 1.1201 peak in Aug, subsequent fall to 1.1042 today suggests temporary top is made and retracement towards 1.0960/70 would be seen after consolidation, however, 1.0944/49 support area should hold on 1st testing.  
  
On the upside, a daily close above 1.1099/05 would yield gain to 1.0937/39 before retreat occurs.
 

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