EURUSD Forex Analysis for June 3rd 2019
Intraday bias in EURUSD remains on the up side for the moment and traders should consider only long trades and no trade against the current EURUSD bullish trend. Technically; bullish trend could take price action towards next target at 1.1200.
Vital area for buyers is present at 1.1136, based on most recent swing low in fifteen minutes chart of EURUSD. However, a clear bearish break down in price action below 1.1136 vital support area will end bullish momentum. Henceforth, currency traders may jump at the chance to stay out of market and re-inspect EURUSD Spot Forex pair.
Source: https://fxinstructor.com/blog/eurusd-forex-analysis-for-june-3rd-2019
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