 |
| Technical Outlook for EUR/USD 24-6-2015 |
Eur/Usd pair moved yesterday in the average price movement of 212 Pips, it recorded the highest level at 1.1347 and the lowest at 1.1135 and closed at 1.1166 to lose 173 PIP According to Concern about the Greek case.
The pair opened today at 1.1166 oscillatory between the 1.1159and the 1.1190 levels during the Asian session in a trading average of 31 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.1212.
The pair is moving in a series of up impulse waves in a Parallel price channel.
It is expected that the pair Eur /usd will reach the targeted level at 1.1080 in the next few hours.
And today at 13:30 we are looking for Final GDP q/q from USA.
The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market.
Medium term trend: UP
Support levels: 1.1085 and 1.1004 and 1.0873
Resistance levels: 1.1297 and 1.1428 and 1.1509
For More Technical Outlook FxStations
0 comments:
Post a Comment