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EURUSD 3 Jun 2024

EURUSD 3 Jun 2024 On the daily timeframe, EURUSD looks to be in a bullish trend and looks to continue strengthening. The pair is at a price position of 1.08540, with the potential to continue rising towards the resistance line. The stochastic chart also supports this bullish trend, showing a rise towards the 80 level. The rising stochastic indicator provides additional confirmation that the bullish momentum is still strong. Traders should watch the next resistance level and the stochastic indicator to see if this trend will continue or experience a reversal.

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