Daily Market Analysis 24|06|2020: EURUSD

Daily Analysis / Online Education

Daily Market Analysis 24|06|2020: EURUSD

Intraday: Bullish

Technical Analysis

Buy position is envisaged if price trades above 1.13293 with take profit at 1.13446.
Alternative scenario: 
Sell if price trades below 1.12982 with take profit at 1.12784.
No major economic data with direct bearing on the currency

Comment: The dollar weakened in early European trade Wednesday, with traders seeking riskier currencies. These moves came after the release of better than expected PMI data Tuesday in Europe, the U.K. and the U.S., which lifted sentiment.

Analysis: SCRUM Team

Leave your thought here

Your email address will not be published. Required fields are marked *

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Wishlist 0
Open wishlist page Continue shopping