EURUSD Forex Analysis for Today, Monday (01-07-2024)







EURUSD Forex Analysis for Today, Monday (01-07-2024)

EURUSD Forex Analysis for Today, Monday (01-07-2024)

Check BUY Opportunity for EURUSD

The euro strengthened after the French far-right party won the first round of elections, but their votes were lower than expected. Volatility occurred because the final results are still unclear and the market is preparing to monitor developments.

Monitor Gap Area

Prices opened with a gap up today. Buying opportunities can be considered if a pullback occurs to this gap area.

Prediction: Strong EURUSD

Resistance

  • R1 1.06797
  • R2 1.07561
  • R3 1.07873
  • R4 1.08213

Support

  • S1 1.06797
  • S2 1.07000
  • S3 1.07187
  • S4 1.07500


JustMarkets

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

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