EUR/USD Analysis – June 3rd
The current price is around 1.1430.
In my opinion, the pair is showing signs of a potential downward move, with a first target at approximately 1.1390.
If the bearish momentum continues, a further decline toward 1.1360 could follow.
This reflects a short bias for today’s trading setup.
Stop lose: I recommend using a trailing stop-loss of 14 pips to manage risk and protect profits during the move.
Disclaimer:
This analysis represents my personal view and is shared for informational purposes only. It is not financial advice or a solicitation to buy or sell any financial instrument. Please do your own research or consult with a licensed financial advisor before making any trading decisions.
The current price is around 1.1430.
In my opinion, the pair is showing signs of a potential downward move, with a first target at approximately 1.1390.
If the bearish momentum continues, a further decline toward 1.1360 could follow.
This reflects a short bias for today’s trading setup.
Stop lose: I recommend using a trailing stop-loss of 14 pips to manage risk and protect profits during the move.
Disclaimer:
This analysis represents my personal view and is shared for informational purposes only. It is not financial advice or a solicitation to buy or sell any financial instrument. Please do your own research or consult with a licensed financial advisor before making any trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.