Eur could rise towards 1.1448 | 27 June 2017

27 June 2017, EUR/USD

Eur could rise towards 1.1448

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

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Imelda Maseno
Analyst of «FreshForex» company
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