EUR/USD and GOLD technical outlook - Friday, August 21, 2020

syamfx2020

Recruit
Messages
32
EUR/USD rebounded from 1.1800, at the time writing the pair hovers near 1.1880 ahead of PMI data. Any break above this level the next upside to watching 1.19 then 1.1915. On the downside, the immediate support at 1.1840 followed by 1.18/1.1780.
cruse.PNG

GOLD price trades below $1950 on Friday, the yellow metal slightly recovered early losses after $80 drop on Wednesday. Overall the bearish momentum still continues for today.

Important levels to watch today:

Support: $1920 and $1900

Resistance: $1965 and 1980
audusd.PNG
 
Top