EURUSD Intraday Forecast Jun 11 2014

EURO-Dollar-min

Recommendations : LONG positions above 1.3502  with 1.3557  & 1.3600 as next targets.

Alternative scenario: The downside breakout of 1.3502  will call for a slide to 1.3455/1.3400.

Description: Intraday outlook in EURUSD is on the upside as long as support 1.3502  holds , resistance comes at the 1.3557  levels ahead of 1.3601  (main) , break of 1.3601  would open 1.3650 next , further upside will aim the 1.3676  levels . On the downside , support comes at the 1.3502  levels , sustained trading – hourly closing – below the 1.3502  levels will open  1.3455/1.3400  levels before the next rise ….

Support & Resistance :1.3335 , 1.3400 , 1.3455 , 1.3500 (PIVOT) , 1.3557 , 1.3600  ,1.3650, 1.3675

 

EURUSD Intraday Forecast Jun 11 2014

 

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