Analysis of EUR/USD for June 07, 2017

Recently, the EUR/USD pair has been trading sideways at the price of 1.1205. According to the 30M time frame, I found a broken upward trendline and successful confirmation of the resistance (double top). My advice is to watch for selling opportuntiies. The downward targets are set at 1.1200, 1.1180 and 1.1160. Resistance levels: R1: 1.1285 […]