Forex Trading Library

EUR/USD – 01.07.2024

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As seen on our previous chart, we still hold our previous outlook for the EURUSD.

The market closed from the triangle support trend and managed to print a 1.0665 low last week.

If the market holds above the support trend of 1.0650, a rebound correction could happen with resistances around 1.0850 and 1.0915.

Below 1.0650, a chance for further drop could hit the market with supports laying at 1.0600 and 1.0450.

LEVEL1 1.0650 1.0760
LEVEL2 1.0600 1.0850
LEVEL3 1.0450 1.0915

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