EURUSD – Expecting Moderate Growth

02.09.2024

H4: The currency pair has broken through the support area around the daily supertrend line. The price has paused at the (5/8) level, from which we now expect a corrective upward movement aiming to retest the daily supertrend line from below. Overall, we expect predominantly sideways movement throughout the day.

Trading decisions: Buy at 1.1045, TP at 1.1095.