EUR/USD – 07.06.2024

EUR/USD – 07.06.2024

 

Our previous chart shows that the Euro hit above the resistance level of 1.0895, which could signify further advance.

The market is facing an uptrend support zone around 1.0785-95, and if prices hold above this area, the advance could sustain toward 1.0980 and 1.1140.

Below 1.0785 price could push for a further drop toward 1.0700 and below.

 

SUPPORT RESISTANCE
LEVEL1 1.0785-95 1.0915
LEVEL2 1.0700 1.0980
LEVEL3 1.0600 1.1140

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