EURUSD Daily Forecast Jun 26 2014


The EURUSD maintained a bullish momentum yesterday , printed support at the 1.3600  levels .This development leaves the pair targeting the 1.3688 levels , a halt is likely , but a break would open 1.3740 next , further upside will aim the 1.3790 levels.

On the downside , support comes at the 1.3600 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 1.3600  levels on a daily closing basis will reverse risks towards the 1.3511 levels , before the next possible rise.

In all , as long as support 1.3600  holds on a daily closing basis , outlook in EURUSD  remains on the upside towards the 1.3688 levels ahead of the 1.3740  levels .Below 1.3600 levels  will reverse risks towards the 1.3511  levels……


EURUSD Daily Forecast Jun 26 2014