EUR/USD Forecast Today 01/07/2024 (Sellers are interested)

EUR/USD Forecast Today

EUR/USD Forecast Today 01/07/2024

EUR/USD Forecast Today

According to my analysis EUR/USD Forecast Today is Bearish. You can notice that EUR/USD was in upward momentum. If you are looking for a selling opportunity then this level is best to trade. , This 1.07137 level is the key area for taking a short position. This area can help the sellers take the price push in the downward direction

EUR/USD Forecast Today:       Bearish

Expected Take Profit for EUR/USD

If you analyze the one-hour chart you can observe resistance at level 1.07258. The price hit that level and got significant rejection in the market. The market price should drop significantly to  1.06762. Set up the stop loss at the top and test the trade to take profit levels as shown in the image above.

 

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