Thursday 8 June 2017

EURUSD Daily Analysis – June 9, 2017 Forex Analysis

EURUSD broke below 1.1200 support, indicating that lengthier consolidation for the uptrend from 1.0569 (Apr 10 low) is needed. Deeper decline could be expected in a couple of days, and the target would be at around 1.1130. Resistance is at 1.1285, only a break of this level could trigger another rise towards 1.1450.

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