EURUSD Forex Analysis – Monday (24-06-2024)

EURUSD Forex Analysis – Monday (24-06-2024)

EURUSD Forex Analysis for Today – Monday (24-06-2024)

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EURUSD SELL Opportunity: Moving Below the Trendline

Analysis of EURUSD

French and German Activity Slows Down

France’s services sector survey for June showed contraction, while Germany’s economic activity also slowed down.

Moving Below the Trendline

Prices are moving below the trendline visible on the H1 time frame. Selling opportunities can be explored in the trendline area.


Resistance Levels

  • R1: 1.07400
  • R2: 1.07215
  • R3: 1.06971
  • R4: 1.06845

Support Levels

  • S1: 1.07215
  • S2: 1.06745
  • S3: 1.06550
  • S4: 1.06335

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