- Analytics
- Market analysis
- Technical Analysis
- EUR/USD dropped to a 20-year low
EUR/USD dropped to a 20-year low
Today, the EUR/USD pair dropped sharply from $1.0450 to $1.0280, reaching a 20-year low. The pair broke through the support of $1.0365, which became the nearest resistance. On the hourly chart, EUR/USD fell below the moving average line of MA (200) H1 ($1.0495) and on the four-hour chart - below MA (200) H4 ($1.0585). In this situation, the scenario of a further decline in the EUR/USD pair is likely, and a sell position may be a wise decision.
⦁ Resistance levels are: $1.0365, $1.0465-90, $1.0535
⦁ Support levels are: $1.0280, $1.0200, $1.0100
The main scenario for promoting the pair — breakout of the session low of $1.0280 and there may be a decline to the psychological level of $1.0200
An alternative scenario — the pair may rise to $1.0465-90 (June 30 and July 1-4 highs)
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
