EUR USD Technical Analysis 30 June 2021
EUR USD Technical Analysis: The EUR declined 0.23% against the USD on Monday and closed at 1.1896. Today in the Asian session, while EUR USD technical Analysis 30 June 2021 is preparing at 4:45 GMT, the pair is trading at 1.1993, which is 0.02% lower from yesterday’s closed.
The pair is expected to find support at 1.1880 and a fall through could take it to the next support level of 1.1875. The pair is expected to find its first resistance at 1.1910, and a rise through could take it to the next resistance level of 1.1925. Today’s expected trading range is between 1.1850 support and 1.1945 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.1875
Support 2: 1.1850
Support 3: 1.1830
Important Important resistance levels:
Resistance 1: 1.1910
Resistance 2: 1.1925
Resistance 3: 1.1945
EUR/USD buying opportunity for intraday trading on June 30, 2021
Buy near the support zones 1.1900 and 1.1880 as soon as you get a reversal candlestick pattern, using a stop loss 2 points below the low of the reversal candle, and keep the target equal to the stop loss.
EUR/USD selling opportunity for intraday trading on June 30, 2021
Sell near the resistance zones 1.1910 and 1.1925 as soon as you get a reversal candlestick pattern, using a stop loss 2 points above the high of the reversal candle, and keep the target equal to the stop loss.
Economic events to watch for the next 24 hours: ADP Nonfarm Employment Change (USD), GDP m/m (CAD),Pending Home Sales m/m (USD), EIA Crude Oil Stocks Change (USD).