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Daily Technical Report 19-6-2024

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EURUSD

EURUSD

The EUR/USD pair is trading below the resistance area of 1.0740, and it is likely that prices will move in a sideways range between the mentioned resistance area and the support area of 1.0650.

Support

1.0710 1.0670 1.0600
Resistance 1.0740 1.0770

1.0800

USDJPY

USDJPY

The prices are facing a resistance area around the 158.00 range. If this area is breached to the upside, the prices may target the 159.00 region. This scenario will be invalidated if the secondary support area at 157.20 is broken to the downside.

Support

157.20 156.8 155.75
Resistance 158 158.45

158.90

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