Technical analysis update: EURUSD (1st July 2021)

EURUSD shows divergence between price and RSI. This is coincides with same action in gold. Our short term price target remains 1.20 USD.

Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.

Trade closed: stop reached