Forex Trading Library

EUR/USD – 02.07.2024

0 8

We look towards our previous outlook for the EURUSD for the past few weeks as see on our previous chart.
The Euro yesterday advanced toward the first resistance of 1.0760.
If prices remain above the support trend zone of 1.0650-75, then a further rebound could happen with resistance around 1.0850 and 1.0915.
Below 1.0650, a further drop could hit the market with supports laying at 1.0600 and 1.0450.

SUPPORT RESISTANCE
LEVEL1 1.0650-75 1.0760-75
LEVEL2 1.0600 1.0850
LEVEL3 1.0450 1.0915

Join our responsible trading community - Open your Orbex account now! 

Leave A Reply

Your email address will not be published.