Analysis method - “Gann Swings + Price Action”
June 30, 2018
Monthly chart: Development of trending downswing continues within long-term downtrend. There were no signs of weakening and stalling of this swing so far, therefore, further deepening with general aim at the low 1.1525 can be expected.
Conclusions: Continuation of quotes’ decline in direction 1.2200 and 1.1515.
Trading recommendations: Shorts in direction 1.2200 and 1.1515.