EURUSD Forex Analysis for Today, Friday (28-06-2024)

EURUSD Forex Analysis for Today, Friday (28-06-2024)

EURUSD Forex Analysis for Today, Friday (28-06-2024)

Check for SELL Opportunities in EURUSD, Still Held at Resistance

EURUSD Analysis

Political Factors Still Hampering the Euro

Political turmoil continues to hinder the euro’s movement. The single European currency is expected to weaken by around 1.4 percent this month ahead of the impromptu French elections set to start this weekend.

Watch the Resistance Area

Prices remain held at the resistance area. SELL opportunities can be sought if there is another pullback to this resistance area.

Prediction: WEAK EURUSD

Resistance

  • R1 1.07462
  • R2 1.07400
  • R3 1.07199
  • R4 1.07077

Support

  • S1 1.07462
  • S2 1.06956
  • S3 1.06800
  • S4 1.06627
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