Flat | 30 June 2017

30 June 2017, EUR/USD

Flat
Technical Observation
This week, Eur spiked upwards and even hit my Take profit earlier today at the weekly resistance line 1.1448. I'm watching price closely at this line and unless this line is clearly breached to the upper side with a big green candle, I expect a rejection from this line to short Eur towards 1.0443. A breakout above 1.1448 will mean waiting for a pullback to the just broken line to buy Eur towards 1.2766.
Technical levels:
Resistance levels
R1: 1.1463
R2: 1.1483
R3: 1.1541
Pivot
1.1425
Support Levels
S1: 1.131
S2: 1.1368
S3: 1.1405
Trade Signal
Flat. Expect a rejection from 1.1448 to short Eur towards 1.0443

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Imelda Maseno
Analyst of «FreshForex» company
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