Technical analytics

EURUSD market technical outlook

EURUSD

Analysis method - “Gann Swings + Price Action” June 22, 2018

Daily chart: “Double bottom” scenario at 1.1509 handle proved itself yesterday and today euro is willingly being corrected upwards in direction of the closest strong level 1.1725.

H1: Upward local structure is in the stage of new trending upswing building already. We expect reach of the 1.1725 handle.

Conclusions: Growth in direction 1.1725.

Trading recommendations: Longs in direction 1.1725.

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