Tools used for Analysis:EMA (14 ), ATR, candlestick chart, Horizontal lines, volume. Support and resistance point.
Charts: weekly and monthly.
Support exists at 1.1462
Resistance exists at 1.2025
Volume: Neutral
Trend: downside
price moving in the downside direction after testing resistance area
can stay in downside direction for the coming weeks.
My expected target on3rd of September for EUR/USD is: 1.1472