EUR/USD 1 June Analysis

Written by johnny forex | June 1, 201212:24 UTC
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EUR / USD – The pair is trading around its lowest level in two years, after more bad economic data in China. The trend remains in favor of the dollar in the short term is likely to test 1.2400/10, rebound and fall in the euro 1.2300. Quotes are below the 3 MA, which signal a downturn. Their last crossing signal drop. MACD is below zero, which is shortov signal. RSI submitted a neutral signal.

 

 

1 image 88596 EUR/USD 1 June Analysis


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