Technical Analysis : EUR/USD 5 June 2024

Forex Technical Analysis : EURUSD

Date : 5 June 2024

Momentum : Down

First Scenario : short positions below 1.08877 with targets at 1.08389, 1.08040 and 1.07655

Second Scenario : long positions above 1.08877 with targets at 1.09160, 1.09474 and 1.09813

Comment : The price movement is no clear trend.

Supports and resistances :

1.09813 **
1.09474 *
1.09160
1.08733 - Last price
1.08389
1.08040 *
1.07655 **

Warning : This information is not a buy-sell signal.