Technical Analysis EUR/USD 26 June

2019-06-26

Today's technical analysis on June 26, the EUR / USD pair is dominated by bearish moods to complete consolidation in the Asian session, at strong resistance levels of 1.13655 - 1.13980 therefore it is desirable to wait for the breakdown of a strong support level, which can open the way to the levels of 1.13145 - 1.12655 within London and New York Sessions.

Thus, the best placement opportunities for transactions can be initiated before or during the London session from 1.13450 where Fibonacci levels indicate. The MACD histogram is still located in the positive zone, but already below its signal line, continues to gradually decrease and thereby gives a signal to sell. Stochastic Oscillator is very close to the oversold zone and forms a similar signal. In the alternative scenario, you should wait for the breakdown of the strong resistance level of 1.13765, then the target of investors will be the levels 1.14150 - 1.14665.

In essence, today's expected important economic news in particular can lead to significant volatility of key pairs, which can stimulate a significant movement to fluctuations during the London and New York sessions. This enables investors to take advantage of Buy / Sell transactions from minimum / maximum levels throughout the day.

Analysis of EUR / USD

Price at the moment: 1.13550

Resistance Level 1: 1.13655
Resistance Level 2: 1.13765
Resistance Level 3: 1.13870
Resistance Level 4: 1.13980

Support Level 1: 1.13450
Support Level 2: 1.13345
Support Level 3: 1.13240
Support level 4: 1.13135