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EURUSD






6/9/2017 3:36:22 AM

EURUSD - Technical Analysis: Friday, 09/06/2017 07:36 GMT



The negative pressure continues to push the EURUSD pair to decline after the recent attempts to surpass 1.1268 level, to head towards expected test to the important support 1.1100, as we mentioned previously that settling above this level is important to continue the main bullish trend, noting that RSI reaches the oversold areas.

Thus, the bullish trend will remain suggested in general unless breaking 1.1100 level and settling below it, waiting to surpass 1.1268 level to confirm heading towards our next target at 1.1400.


Target
Risk


Support
Resistance


Trend Bullish

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