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EURUSD 2 Sep 2023

EURUSD 2 Sep 2023 on the Daily timeframe. This pair continues to experience a long decline when viewed from the candlestick chart. Drop since the middle of last month at 1.12272 until the beginning of this month at 1.06954. However, now this pair is experiencing a bounce after touching the Support line yesterday. Starting to experience bullishness, this pair has now managed to occupy a price position of 1.07396. When referring to the stochastic indicator, it is likely that the bullishness will continue after being oversold in the previous session. If true, then go-long can be an option for traders. But if there is a factor that is able to influence market changes, then go-short could be an option. Keep an eye on market movements before making trading decisions.

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