Monthly reviews

EURUSD market technical outlook


Analysis method - “Gann Swings + Price Action”

June 30, 2018

Monthly chart: Pinbar, that was formed last week, is not a full trading signal, but quite confirms probable start of pullback to the upside towards 1.2091 handle, where there is an offer area within bearish pattern O&U (watch the black arrow trajectory).

Conclusions: So, we expect start of growth in direction of level 1.2091.

Trading recommendations:

  1. Longs in direction 1.2091.

  2. Shorts from level 1.2091.