Inflation in the U.S. eased by more than expected in July, but remains around its highest level in four decades despite aggressive monetary tightening from the Federal Reserve.

As long as the EURUSD pair trades below 1.0351, on a four-hourly basis, we will see 1.0083 main support level. On the other hand, if the price goes beyond 1.0351, the resistance level can be seen at 1.0496.

Support: 1.0083
Resistance: 1.0351 -1.0496 - 1.0576

10 Aug 22 (Wed)

12:57 pm