Relevance up to 10:00 2022-06-22 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Technical analysis:
EUR/USD has been trading upside today and there is the breakout of contraction and rejection of the rising trend-line, which is sign for the further rise. Trading recommendation: Due to the breakout of the consolidation and strong upside momentum this morning, I see potential for further rise. Watch for potential buying opportunities on the intraday dips with the upside objectives at 1.0640 and 1.0760. MACD is showing fresh momentum to the upside, which is good sign for further rally. Key support is set at the price of 1.0450
