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Forecast update for EURUSD-02-06-2025
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Forecast update for EURUSD-02-06-2025
Jun 2, 2025 4:48 AM

The price of (EURUSD) extended its gains in its recent intraday trading, reaching our morning target and attacking the key resistance at 1.1420, supported by its trading above its EMA50, with its trading alongside a minor bullish trend line on the short-term basis.

Besides the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might decelerate the rise of the price in its upcoming trading, due to its neediness to offload some of the overbought levels.

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