EUR/USD Remains Bullish, Faces Down-Trend At 1.1340

Discussion in 'Technical Analysis' started by Kaitlin, Jun 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Considering that both in May and in June EUR/USD confirmed the lower bound of the eight-month ascending channel, our multi-week outlook is bullish. The target is the August 2015 high. However, the pair is currently facing a recently established falling resistance line at 1.1340, which is likely to delay the[​IMG]

    Continue reading...

Share This Page

free forex signals