Trading Plan for EUR/USD and GBP/USD for June 06, 2017

Technical outlook: The EUR/USD story continues into consolidation mode but possibility of a bearish breakout is unfolding now as seen on one-hour chart above. A short-term support trend line has been broken which should act as resistance towards 1.1270 levels. Till the time prices remain below 1.1285 levels, we should be looking to see lower […]