financetom
Technology
financetom
/
Technology
/
End of day EURUSD price forecast update - 07-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
End of day EURUSD price forecast update - 07-06-2024
Jun 7, 2024 7:56 AM

The EURUSD price declines strongly to break 1.0840$ level and attempt to hold below it, to head towards turning to decline for the rest of the day, paving the way to achieve negative targets that start at 1.0795$ and extend to 1.0760$, taking into consideration that breaching 1.0840$ and holding above it will stop the expected decline and lead the price to recover again.

The expected trading range for today is between 1.0780$ support and 1.0880$ resistance.

Trend forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved