FX.co ★ EUR/USD Technical Analysis. Support And Resistance Line for June 8

EUR/USD today has already hit the Support at 1.1889 and now this pair goes to the 14.6% Fibonacci (Buying Area) with a target to the 50% Fibonacci 1.1929. Just a suggestion; as we know Eurozone Fundamental is still in Downtrend so it is more wise if we ignore all the Buy signals and just take only Sell Signal. So Here's the significant levels for EUR/USD this day.

Buy Stop : 1.1987.

Strong Resistance : 1.1979.

Resistance : 1.1968.

Selling Area : 1.1957.

Target Fibs 50% : 1.1929.

Buying Area : 1.1900.

Support : 1.1889.

Storng Support : 1.1878.

Sell Stop : 1.1870.