EURUSD – Currency Pair Remains in Oversold Territory

24.06.2024

H4: The market situation remains unchanged. The currency pair continues to stay in oversold territory. Against this backdrop, we still prioritize the scenario of further decline towards the level (-1/8). A break and sustained price above the level (0/8) would invalidate the bearish direction.

Trading Decision: Sell at 1.0715, TP 1.0620.