FX.co ★ EUR/USD weekly technical levels for June 17 - 21, 2013

Weekly technical levels:

Weekly trading recommendations:

According to previous events, the price has still been trapped between 1.3355 and 1.3312. The level of 1.3220 will indicate a strong support. Moreover, the price will be formed at a double bottom in 1.3177. Therefore, it will be wise to buy at 1.3200 with the first target at 1.3304 (the weekly pivot point), then it will continue towards 1.3390. And the stop loss should be placed below 1.3150.

Notes:

Please check out the market volatility before investing, because the sight price may have already been reached and scenarios might have become invalidate.