Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD analysis for July 06 2021 - Potential for bigger drop towards 1.1730

parent
Forex Analysis:::2021-07-06T11:39:28

EUR/USD analysis for July 06 2021 - Potential for bigger drop towards 1.1730

Technical analysis:

EUR/USD analysis for July 06 2021 - Potential for bigger drop towards 1.1730

EUR/USD has been trading downside as I expected. The price is heading towards the first objective at 1.1800.

Trading recommendation:

Watch for potential selling on the rallies with the downside targets at 1.1800 and 1.1730.

Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.

Resistance is set at the price of 1.1890

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...