EURUSD 3.7.2024

Technical Analysis
Wednesday, July 03, 2024 - 11:56
Point Trader Group

General trend: down. 
Expected scenario:
The pair is trading below a strong resistance level around 1.0785, which enhances the chances of a drop to 1.0700.
Alternative scenario:
The scenario turns bullish with a break of 1.0785, targeting 1.0800 – 1.0820.
The most important levels
resistance:
1.0785 – 1.0820
support:
1.0700 – 1.0650

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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