Technical analysis of the EUR/USD pair for this week (August 3-8)

Trend analysis. This week, the price from the level of 1.1778 (closing of the last weekly candle) may continue to decline with the target at 1.1711 – the support line (black thick line). Upon reaching this line, it is possible to work downward with the target at 1.1607 – the pullback level of 23.6% (red […]