Daily EURUSD Technical Analysis & Trading Signals (May 30)
Analysis: EURUSD is currently in a strong uptrend, and if the price breaks through the nearby resistance zone, it could rally another 170–200 pips. However, if the price fails to break that resistance, a downward move is possible. In that case, the nearest support is around 100 pips below, making it a potential target for a short trade.
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Analysis: EURUSD is currently in a strong uptrend, and if the price breaks through the nearby resistance zone, it could rally another 170–200 pips. However, if the price fails to break that resistance, a downward move is possible. In that case, the nearest support is around 100 pips below, making it a potential target for a short trade.
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