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Daily Market Outlook
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| Daily
Market Outlook (05 Jun 2024) |
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| Update
Time: |
05 Jun 2024 02:40GMT |
| Next Update
At: |
08:30GMT |
EUR/USD - 1.0881
As 1.0860 has contained pullback fm yesterday's 2-month 1.0916 high, suggesting correction has ended and upmove from Apr's 5-month trough at 1.0602 would head to 1.0942/45, then 1.0963/66 after consolidation but Mar's 1.0980 peak should hold on 1st testing.
On the downside, a daily close below 1.0855/60 would risk 1.0828/30, break, 1.0809/12 later. |
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