EUR/USD Price Analysis: Temporary contention is seen near 1.0820

Noticias del mercado

6 julio 2023

EUR/USD Price Analysis: Temporary contention is seen near 1.0820

EUR/USD reverses three consecutive daily pullbacks.
The pair’s bullish attempt faltered just ahead of 1.0900.

EUR/USD manages to leave behind part of the recent decline and trades with decent gains near the 1.0900 barrier on Thursday.

The inability of the pair to regain a convincing upside traction, ideally in the very near term, could motivate sellers to force the pair to revisit recent lows near 1.0830 ahead of the interim support at the 100-day SMA at 1.0824.

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0613.

EUR/USD daily chart

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Enfoque del mercado

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Aviso de riesgo: El hecho de realizar operaciones comerciales en los mercados financieros con instrumentos financieros de margen abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a operar, se debe tomar de manera responsable a la cuestión de elegir una estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.

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