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FX.co ★ EUR/USD analysis for June 14, 2017

EUR/USD analysis for June 14, 2017

EUR/USD analysis for June 14, 2017

Recently, the EUR/USD has been trading sideways at the price of 1.1203. They analysis from yesterday is still active. According to the H1 time frame, I found the bullish Wolfe Wave pattern and hidden bullish divergence on the moving average oscillator. My advice is to watch for potential buying opportunities. The upward targets are set at the prices of 1.1350 and 1.1400.

Resistance levels:

R1: 1.1220

R2: 1.1223

R3: 1.1225

Support levels:

S1: 1.1214

S2: 1.1212

S3: 1.1210

Trading recommendations for today: watch for potential buying opportunities.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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