Forex Analysis Details

EURUSD further bullish momentum Expected

  • PUBLISH BY: FxsuccessBD
  • 12 Jun, 2019 4:39pm

Upwards scenario: To prolong upwards extension, EURUSD required to clear resistive measure at 1.1347 (R1). Loss here would open route towards to resistances at 1.1377 (R2) and 1.1407 (R3) Downwards scenario: Risk of possible market easing is seen below the key support level at 1.1320 (S1), provided by the local low. Loss here would suggest next intraday target at 1.1289 (S2) and then final aim could be exposed at 1.1256 (S3) later on today.

Resistance Levels: 1.1347, 1.1377, 1.1407

Support Levels: 1.1320, 1.1289, 1.1256

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