Short EUR around 1.1167 towards 1.1082 | 23 June 2017
23 June 2017, EUR/USD
Technical Observation
As per the other day's forecast, EUR declined slightly to the lower side and is currently pulling back to my sell line 1.1167. Unless this is broken with a big green candle, I expect a second rejection from this line to short EUR towards 1.1082. A breakout above will push the price upwards towards 1.1224. On the 4 hour chart above, sell positions seems more ideal upon a rejection from 1.1167. With this sell position, your stop loss should be slightly above 1.1179
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