EUR/USD Forex Analysis For Tuesday July 3

EUR/USD pair takes a bearish trend due to negative results in Market. Also, this pair had a dip at support 1.1600. The market is in consolidation mode, but still, the US dollar is stronger.

EUR/USD Forex Analysis for July 3, 2018

First, we look into the last week's trade and what happened on July 2, 2018, and it opened at 1.16382 and went high at 1.16433 and gone low 1.16199 and finally close at 1.16267. The calculated pivot point for the day is 1.1629

LEVELS FIRST LEVEL SECOND LEVEL THIRD LEVEL
BUY LEVELS 1.1690 1.1720 1.1746
SELL LEVELS 1.1592 1.1551 1.1518

EUR/USD pair takes a bearish trend due to negative results in Market. Also, this pair had a dip at support 1.1600. The market is in consolidation mode, but still, the US dollar is stronger.

Some of the Notable events occurred and impact the pair considerably, they are

  1. EUR: Unemployment change at Spain (03:00 hrs EST) - Prev -83.7k

  2. USD: Factory Orders (MoM) (10:00 hrs EST) - Prev -0.8%

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