The EURUSD needs confirmation signal – Analysis - 24-06-2022

Economies.com
2022-06-24 04:35AM UTC

The EURUSD pair still stuck between the trend confirmation levels represented by 1.0480 support and 1.0550 resistance, which makes us continue with our neutrality until the price manages to surpass one of these levels and detect its next destination clearly.

 

We remind you that breaking the mentioned support will push the price to decline and achieve negative targets that start at 1.0355, while breaching the resistance represents the key to resume the intraday recovery trip that its next main target located at 1.0670.

 

The expected trading range for today is between 1.0440 support and 1.0610 resistance.

 

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The expected trend for today: Neutral

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