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June 1, 2026
NEWS: EURUSD price is falling 0.2% due to the stronger US dollar, after reaching the highest level in two weeks.
Possible Scenarios:
If EURUSD fails to breach through S2 of 1.16151, our Analysis Department expects EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S2 of 1.16151, our Analysis Department expects EURUSD to extend its losses to its S3 of 1.16011
Support and Resistance Levels:
|
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.16011 |
1.16151 |
1.16291 |
1.16477 |
1.16663 |
1.16803 |
1.16943 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €85.97 |
(+/-) £74.4 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16350
***GBP/USD = 1.34459
Calculations for exchange rate used as of Monday, June 1, 2026, 2:19: PM