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Sunday, June 06, 2021

πŸ“Š EURUSD: hedge zone premium level as potential resistance.

πŸ“Š EURUSD: hedge zone premium level as potential resistance.

EUR/USD OANDA:EURUSD

πŸ”₯ The nearest support level for today is the limit buyer (1.2139).
The main scenario for today is the successful test of the mentioned support and the subsequent rise with the target, the balance of the day (1.2181).
⏳ In case of penetration and fixation above the specified resistance the subsequent target point of increase is the premium level of hedge resistance zone (1.2214).
A $40m downside position gain further strengthens it.
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