Technical Analysis EUR/USD 27 June

2019-06-27

Today's technical analysis on June 27, the EUR / USD pair is dominated by bearish moods to complete consolidation in the Asian session, at strong resistance levels of 1.13715 - 1.14035 therefore it is desirable to wait for the breakdown of a strong support level, which can open the way to the levels of 1.13225 - 1.12730 within London and New York Sessions.

Thus, the best placement opportunities for deals can be initiated before or during the London session from 1.13495 where Fibonacci levels indicate. The MACD histogram is still located in the positive zone and below its signal line, continues to gradually decrease and thereby gives a signal to sell. Stochastic Oscillator went 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 1.13825, then the target of investors will be the levels 1.14210 - 1.14715.

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: 1.13600

Resistance Level 1: 1.13715
Resistance Level 2: 1.13825
Resistance Level 3: 1.13930
Resistance Level 4: 1.14035

Support Level 1: 1.13495
Support Level 2: 1.13380
Support Level 3: 1.13275
Support Level 4: 1.13175