EURUSD Daily Forecast Jun 30 2014


The EURUSD  continued its bullish momentum last Friday, printed support at the 1.3608 levels .This development leaves the pair targeting the 1.3688 levels , a halt is likely , but a break would open 1.3735 next , further upside will aim the 1.3790 levels.

On the downside , support comes at the 1.3630  levels ahead of 1.3608/1.3600 ( 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 1.3735  levels .Below 1.3600 will reverse risks towards the 1.3511  levels before the next rise……..



EURUSD Daily Forecast Jun 30 2014