EUR/USD – 30.05.2024
![EUR/USD - 30.05.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/05/30153007/Euro-30-05-2024-750x430.png)
The Euro fell below the 1.0815 support yesterday, which could cause a further correction to test the support of 1.0725-45, activating another advance.
If the market holds below 1.0830, the drop towards 1.0725-45 could continue, while above 1.0830, price action could move back again to re-test the resistance zone 1.0885-95.
Above 1.0895, more advances will be expected.
Below 1.0725, a drop towards 1.0600 will be likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.0725-45 | 1.0830 |
LEVEL2 | 1.0600 | 1.0895 |
LEVEL3 | 10500 | 1.0980 |
Join our responsible trading community - Open your Orbex account now! |