Uniglobe Markets
Uniglobe Markets
June 2, 2025 at 06:44 AM
*EUR/USD Technical Overview* EURUSD has shown strong bullish recovery after testing the 1.1250 area, pushing higher with clean higher highs and higher lows. Price is now hovering near the 1.1385 zone, with short-term momentum favoring buyers. Support and Resistance Levels • Support: 1.1320, 1.1280 • Resistance: 1.1385, 1.1410 Buy and Sell Scenarios • Buy Scenario: A confirmed break and hold above 1.1385 may lead to a continuation toward 1.1410, supported by sustained bullish momentum. • Sell Scenario: A rejection below 1.1385 with bearish engulfing candles could trigger a pullback toward 1.1320.
Image from Uniglobe Markets: *EUR/USD Technical Overview*  EURUSD has shown strong bullish recovery...

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