EURUSD – Weekly Technical Analysis – 03 Jun 2013

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The EURUSD continued to consolidate with a bullish bias on the weekly chart after bottoming at the 1.2745 levels. With the key support 1.2745 intact. The pair is likely to retest 1.3318 levels, where a breach will look for the 1.3433 levels.

On the downside, support is at 1.2745 levels, a weekly close below this level will expose 1.2661 and pave the way towards 1.2200 levels, however, the EURUSD is likely to consolidate between 1.2750/1.3300 levels the upcoming weeks.

EURUSDWeeklyTechnicalAnalysis03Jun2013

 

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