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Daily Market Outlook
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Daily
Market Outlook (02 Sep 2024) |
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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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