Market Analysis of EURUSD on Wednesday, June 30, 2021

2021-06-30 14:50Sumber:BtcDana

On Wednesday Asian market, Euro was stable at around 1.1900. Today, the United States ADP employment data will be announced, which is expected to trigger foreign exchange market conditions. The June economic confidence index published by the European Union increased to 117.9 from 114.5 last month. According to preliminary estimates, the German Consumer Price Index (CPI) declined slightly in June, down 0.4% month-on-month and 2.3% year-on-year. From a technical point of view, Euro's daily candle is closed bearish, and the indicator is under pressure. The candle also shows retracement H4 graph shows that EURUSD is in the range of 1.1850-1.1970 for a long period time, and indicator is bearish. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 1.1920.

https://asset.ycxfy.com/upload/file/1624982400000/1625038802915.png

Resistance:1.1920-1.1960-1.2000

Support:1.1880-1.1850-1.1800


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