FX.co ★ EUR/USD analysis for June 08, 2017

Recently, the EUR/USD pair has been trading sideways at the price of 1.1240. Anyway, according to the 30M time frame, I found a broken upward trendline and successful breakout of support. My advice is to watch for potential selling opportunities. Downward targets are set at the prices of 1.1200, 1.1180, and 1.1155.

Resistance levels:

R1: 1.1290

R2: 1.1330

R3: 1.1375

Support levels:

S1: 1.1210

S2: 1.1170

S3: 1.1130

Trading recommendations for today: watch for potential selling opportunities.