EUR USD TECNICAL FUNDAMENTAL ANALYSIS

Jul 7, 2021

In recent days EUR quite loses its strength with all major currencies, currently EURUSD travelling at 1.1820 with 80 pips as an average market. Last week, The US Dollar set a fresh two-month-high this morning before pulling back, driven by the Non-farm Payrolls report as followed by today(77/2021) Fed Monetary Policy Report makes the traders more cautious. Still, the Dollar is seen to have high demand, EUR might follow to 1.1745 where support seen, Sellers are more interested if EUR rise 30-35% of average trading points(80 pips), at 1.1845 seen to targeted by sellers, it's better to make a stop loss at 1.1890 ranges and followed by taking profit 1.1740 range.

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