#EURUSD - 20062024Ranging day for EURUSD yesterday as US is on holidays. 1.0740 held well initially and EURUSD came down, but recovered later on to go above the level and is now bouncing off above it. But still, Tuesday's high is still intact. I would say that EURUSD could still have upside though the overall trend is still down.
Price is above OP and PZ thus that would be support, can look for longs as long as PZ holds. I would look for shorts if 1.0770 trades or if PZ breaks, for a move down to 1.0700 and 1.0646