FX.co ★ EUR/USD analysis for June 20, 2017

Recently, the EUR/USD has been trading downwards. As I expected, the price tested the level of 1.1141. According to the 30M time frame, I found that price doesn't have enough power to reject from yesterday's low and that sellers are still present. My advice is to watch for selling opportunities today. The downward target is set at the price of 1.1100.

Resistance levels:

R1: 1.1195

R2: 1.1240

R3: 1.1270

Support levels:

S1: 1.1120

S2: 1.1095

S3: 1.1050

Trading recommendations for today: watch for potential selling opportunities.