EUR/USD technical analysis & signals on June 22, 2017


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Currency pair Euro to US Dollar EUR/USD continues to trade near the support area. It is worth waiting for an attempt to correct the quotes of the euro/dollar in the region above the level of 1.1180 and continue the decline in the area of ​​the lower border of the uplink near level 1.10.

EUR/USD technical analysis & signals on June 22, 2017

In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). Canceling the option of reducing the pair will be a breakdown of the local maximum area. Expect the acceleration of falling quotations of the pair is with the breakdown of the support area on the initiator of relative strength index (RSI).

EUR/USD technical analysis & signals on June 22, 2017

Among the important news that can affect the euro against the dollar, it is worth highlighting: The number of initial applications for unemployment benefits, the number of repeated applications for unemployment benefits.

EUR/USD technical analysis & signals on June 22, 2017 involves an attempt to correct the euro dollar and continue to decline to the area at the level of 1.10, an additional signal will test the resistance line on the indicator of relative strength.


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