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Jun 16 2017 at 16:14
421 posts
The single currency recorded a decline against the US dollar on Thursday. The session started at 1.1217 and ended at 1.1144. The currency pair rebounded from the 1.1130 support and if the euro continued to lose its position against the US dollar there is a strong likelihood of a breakthrough in first support.

Jun 16 2017 at 16:54
708 posts
Euro / dollar fell yesterday, making the bottom at 1.1131. Expectations are downward in the near future. The false break above 1.1285 gave us a valid bearish signal with targets in the support region 1.1080, which remains a good place to buy with a narrow loss of loss. Immediate resistance is at 1.1200. A clear breakthrough over it could take the price to a neutral zone, but key resistance remains at 1.1285, which should be clearly pushed up for the sequel to the bullish scenario for testing at 1.1350 - 1.1425. Downwards, a clear break and a daily / weekly closing below 1.1080 would have to disrupt upward signals.

Jun 16 2017 at 16:56
708 posts
Key levels to watch for:
Support: 1.1130; 1.0980; 1.0815;
Resistance: 1.1280.

Jun 16 2017 at 23:35
774 posts
Nice come back on the EURUSD, but the 1.1200 zone may act as resistance and we may still see a trend change on the pair. The 1.1100 level may act as a support, followed by the 1.1000 level or the 1.0900 level where we can see the 200 day EMA. To the upside, the most relevant resistance is still at the 1.1300 zone.

Jun 18 2017 at 14:13
675 posts
The EUR/USD pair closed the week hovering around the 1.12 mark, having the US dollar marginally higher against the single currency, backed up with the Fed’s hawikish stance. The pair failed to break the critical levels and rallies were not continued on either side. Staying within tight range seems to be game for the next week.

Jun 18 2017 at 16:44
421 posts
The euro rose against the US dollar on Friday. By the close of US trading, EUR/USD was trading at 1.1197, gaining 0.46%.
I believe that support is now at around 1.1130, Thursday's low, and resistance is likely at 1.1296, the maximum of Wednesday.

Jun 18 2017 at 22:41
834 posts
Eur/Usd is trading in a tight range ahead of Brexit negotiation. Support level can be found around 1.1160/50 zone and on the upside resistance level can be found at 1.1220.

honeill (honeill)
Jun 19 2017 at 08:55
1141 posts
On the last Friday’s session the EURUSD rose with a narrow range and managed to close near the high of the day, however the currency pair closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1204 (resistance), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).

"I trade to make money not to be right."
Jun 19 2017 at 14:20
1117 posts
EUR/USD is moving to the downside again after it bounced off from 1.1140 on Friday. The pair will likely test the aforementioned support level once again.

Jun 19 2017 at 16:39
675 posts
The EUR/USD failed to conquer again the 1.12 mark and ahead of US opening the pair dropped to 1.1162. In the upcoming hours the pair is more likely to continue its downward trend, having the sharp turn of the indicators to north.

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