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.
Forecast: WEAK EURUSD
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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