Analysis of EURUSD June 13, 2018

in #busy6 years ago

EURUSD D1 130618.png

EUR / USD on yesterday trading session (12/06) again decreased drastically from the opening price 1.1784, to the closing price 1.1742. Most likely, the increase will start from around this level.

EURUSD H4 130618.png

We can see that the current EUR / USD is currently switching and is being stuck at the level of 1.1762 up to 1.1715. Most likely the price will still fall once again, possibly to the level of 1.1616, before experiencing a rebound. The first entry we can do around the level of 1.1676 with stop loss below the level of 1.1615. Then the second entry we can do at the level of demand 1.1576 and stop loss below 1.1500 round number. To take profit we can place at supply level 1.2360, or exit at RRR minimum 1: 2.

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