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FX.co ★ EUR/USD: indicator analysis on June 30, 2023

EUR/USD: indicator analysis on June 30, 2023

Trend analysis (Fig. 1).

On Friday, the price may go up from 1.0866 (the close price of yesterday's daily candlestick) to the 61.8% retracement level of 1.0919 (red dotted line). In case of a test of this mark, a pullback may occur.

 EUR/USD: indicator analysis on June 30, 2023

Fig. 1 (daily chart).

Complex analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger bands - up;

- weekly chart - up.

Final thoughts:

Today, the price may go up from 1.0866 (the close price of yesterday's daily candlestick) to the 61.8% retracement level of 1.0919 (red dotted line). In case of a test of this mark, a pullback may occur.

Alternative scenario: the price may go up from 1.0866 (the close price of yesterday's daily candlestick) to a historic resistance level of 1.0930 (blue dotted line). A pullback is likely to occur after a test of this mark.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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