EUR/USD - Review as of August 15, 2024

The EUR/USD pair looks uncertain. Yesterday's publications did not have a significant impact on the volatility of the instrument. The price remains around the 1.1000 mark. Market participants are seemingly waiting for today's data from the US.

In the event of continued growth, the next target remains the 1.1140 level with resistance around 1.1200. In the case of a decline, the price is expected to return to the range. In this scenario, the target zones would be 1.0900 and 1.0800 levels, respectively.

The price dynamics after the news publication will help determine the most likely scenario for the events to unfold.