EURUSD Analysis June 06, 2018
EUR / USD on yesterday's trading session (05/06) again rose from the opening level 1.1696, had dropped to the low level of 1.1651, and then rose again to the level of 1.1716 closing. This, of course, shows an increasing strength that continues to increase. Then we can see that the current EUR / USD has started to increase more drastically, and will continue until the supply level 1.1912 s / d 1.1969.
From Chart H4 above, we can see that after the price retest level support become resistance 1.1715 to 1.1762, and continue to be reflected up to 3 times, finally the price can destroy the level of the divider.
Then, we can say that currently EUR / USD has really started to continue its upward trend, by continuing to prove that the resistance will go out perfectly.
If we already have an entry from yesterday, we just need to maximize the profit targets obtained. However, if we have not yet got one entry, there is a chance with the entry at the current levels, with the stop loss below the 1.1648 level, or the 1.1615 level.
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