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deresel
Jun 07 2016 at 16:21
708 posts
Key levels to watch for today:
Support: 1.1330; 1.1220; 1.1090;
Resistance: 1.1465; 1.1620.

csc2009
Jun 07 2016 at 23:40
834 posts
The pair is back to 1.135 area, terribly tight range, unable to break out, on the upside the psychological resistance is still at 1.1400.

alexforex007
Jun 08 2016 at 02:19
774 posts
The bullish momentum has been lost in the EURUSD, even though it stays around the 1.1400 zone, it may go in any direction.

FXWES
Jun 08 2016 at 05:48
675 posts
Yesterday EUR/USD was trading in a narrow range for a second day in a row and the single currency remained almost unchanged at a level of 1.1355. The daily high was reached at 1.1379and the low at 1.1338. The current consolidation might test the psychological level at 1.1400.

idimitrov
Jun 08 2016 at 06:33
421 posts
EUR/USD was indecisive yesterday. Commercial bias remains bullish in nearest term for testing 1.1470. Support for the day remains 1.1285. A clear break and daily close below this level could become a threat to the bullish scenario re-testing the lower line of the bullish channel, but I still prefer a bullish scenario at this stage.

honeill (honeill)
Jun 08 2016 at 06:36
1141 posts
Yesterday EURUSD went back and forward without any clear direction but still closed in the red, in the middle of the daily range, in addition managed to close within the previous day range, which suggests clearly neutral market, neither side is showing control.

Looks like EURUSD is in compression mode due to the narrow ranges that is making since Monday and to the inside day that it made yesterday. So get ready for an expansion day in the few days to come.

The pair is trading above the 10, 50 and 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: A daily resistance at 1.1556, other daily resistance at 1.1460, the 50-day moving average at 1.1301 (support) and a daily support at 1.1237.

"I trade to make money not to be right."
rosentray
Jun 08 2016 at 08:33
277 posts
EUR/USD is trading higher today due to lack of fresh news and the reaction of the latest jobs report. Price is currently 1.1371 and market sentiment on the short term is bullish.

deresel
Jun 08 2016 at 10:54
708 posts
Euro/dollar had another indecisive movement yesterday. Short-term expectations remain bullish for testing 1.1470. Immediate support is seen at 1.1285, as break and daily close below it could become a threat to the bullish scenario re-testing the lower line of the bullish channel, but still it is preferable scenario up at this stage.

paidsignals
Jun 08 2016 at 11:01
93 posts
The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285. A clear break and daily close below that area would be a threat to the bullish scenario retesting the lower line of the bullish channel but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.for more details visit my profile.

idimitrov
Jun 08 2016 at 11:05
421 posts
The dollar was the main loser in the last day in relatively quiet trading session. The single currency ended the day almost unchanged. The currency pair EUR/USD traded in range between 1.1338 and 1.1380 is completed day at 1.1357.

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