
Uniglobe Markets
June 3, 2025 at 06:15 AM
*EUR/USD Technical Overview*
EURUSD has shown a strong bullish rebound over the recent sessions, breaking above a recent resistance zone and stabilizing in a higher range. The price is consolidating after a sharp rally, suggesting the market may be preparing for another directional move.
Support and Resistance Levels
• Support: 1.1370, 1.1330
• Resistance: 1.1445, 1.1480
Trading Scenarios
• Buy Scenario: A break above 1.1445 could trigger a continuation of the uptrend, targeting 1.1480.
• Sell Scenario: If price drops below 1.1370, it may test 1.1330 as downside pressure builds.
