Forex Trading Library

EUR/USD – 03.07.2024

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We still holding our outlook for the EURUSD for the past few weeks as seen on our previous chart.

If prices remain above the support trend zone of 1.0650-75, a further rebound correction could occur with resistance around 1.0850 and 1.0915.

The Euro managed two days ago to advance toward the first resistance of 1.0760-75.

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

The first Intraday support is at 1.0710.

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

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