EURUSD – The Currency Pair Has Moved Out of Oversold Territory

01.07.2024

H4: The situation on the chart remains unchanged. The currency pair is holding around the reversal level (7/8). There are no reversal signals on the chart yet. The price is holding above the four-hour super trend line, so we continue to prioritize the scenario of price growth towards the main resistance level (8/8).

Trading decision: Buy at 160.35, TP 162.00.