EUR USD Technical Analysis 28 June 2021
EUR USD Technical Analysis: The EUR rose 0.05% against the USD on Friday and closed at 1.1937. Today in the Asian session, while EUR USD technical Analysis 28 June 2021 is preparing at 4:45 GMT, the pair is trading at 1.1911, which is 0.11% lower from yesterday’s closed.
The pair is expected to find support at 1.1900 and a fall through could take it to the next support level of 1.1880. The pair is expected to find its first resistance at 1.1945, and a rise through could take it to the next resistance level of 1.1975. Today’s expected trading range is between 1.1850 support and 1.1990 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.1900
Support 2: 1.1880
Support 3: 1.1850
Important Important resistance levels:
Resistance 1: 1.1945
Resistance 2: 1.1975
Resistance 3: 1.1990
EUR/USD buying opportunity for intraday trading on June 28, 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 28, 2021
Sell near the resistance zones 1.1945 and 1.1975 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: FOMC Member Williams Speech (USD).