Eur could rise towards 1.1448 | 27 June 2017
27 June 2017, EUR/USD
Technical Observation
There's nothing significant in this market since the previous forecast. Eur continues to rally within a tight range but should rise towards 1.1448. Today, I expect a breakout above 1.1210 to push the price upward towards 1.1448. A breakout above 1.1448 will mean waiting for a pullback to the just broken line to long Eur towards 1.2766. On the weekly chart above long positions seems more ideal towards 1.1448.
Technical levels:
Resistance levels
R1: 1.1211
R2: 1.124
R3: 1.1288
Pivot Point
1.1192
Support Levels
S1: 1.1095
S2: 1.1143
S3: 1.1163
Trade Signal
Long Eur towards 1.1448
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
