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EURUSD






6/21/2017 4:26:12 AM

EURUSD - Technical Analysis: Wednesday, 21/06/2017 08:26 GMT



The EURUSD pair falls under negative pressure to break the intraday ascending channel's support and approaches from the important support line 1.1100, noting that settling above this level will keep the chances valid to return to rise again, and the price needs to surpass 1.1268 level to confirm rallying towards 1.1400.

On the other hand, breaking 1.1100 will push the price to extend its bearish correction and reach 1.1000 direct.


Target
Risk


Support
Resistance


Trend Bullish

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