Market Analysis of EURUSD on Wednesday 03 June 2026

EUR/USD intraday: under pressure.
 
Pivot:
1.1650
 
Our preference:
Short positions below 1.1650 with targets at 1.1605 & 1.1585 in extension.
 
Alternative scenario:
Above 1.1650 look for further upside with 1.1665 & 1.1685 as targets.
 
Comment:
The RSI calls for a new downleg.