EURUSD Forex Analysis for Today, Thursday (27-06-2024)

EURUSD Forex Analysis for Today, Thursday (27-06-2024)

EURUSD Forex Analysis for Today, Thursday (27-06-2024)

Check EURUSD SELL Opportunities, Monitor Resistance Area

EURUSD Analysis

USD Strength Pressures EURUSD

The strengthening of US bond yields followed by the strengthening of the dollar index is pressuring EURUSD. The euro itself has been under pressure amidst political turmoil in France. Adding to the euro’s burden, ECB official Olli Rehn stated that two rate cuts this year seem reasonable.

Monitor Resistance Area

Prices are still seen moving under pressure. SELL opportunities can be considered if there is a pullback to the resistance area.

Prediction: WEAK EURUSD


  • R1 1.07500
  • R2 1.07188
  • R3 1.07000
  • R4 1.06945


  • S1 1.07188
  • S2 1.06710
  • S3 1.06490
  • S4 1.06241

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