EURUSD Daily Forecast Jun 25 2014

EURO-Dollar-min

Daily outlook in EURUSD remains cautiously on the upside towards the 1.3620 levels , a break would open 1.3676 next , further upside will am the 1.3745/1.3843  levels …

On the downside , support comes at the 1.3556 levels ahead of the 1.3511 levels, stability above support levels could push the pair towards the 1.3620/1.3676 levels , however ; sustained trading – daily closing – below the 1.3511 levels , will suggest false bullish break out , and is likely to open , 1.3455 levels ahead of 1.3400 levels, further downside will aim the 1.3335 levels…

In all , as long as support 1.3511 holds on a daily closing basis , outlook in EURUSD remains on the upside towards the 1.3620/1.3676 levels, below 1.3511 will reverse risks towards the 1.3455/1.3400 levels….

 

EURUSD Daily Forecast Jun 25 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS