EURUSD 21 JUN 2019
Fundamental analysis: The price continues to move up against the background of a large-scale weakening of the American dollar from the FOMC Meeting results and good economic statistics from Europe side.
Technical analysis: Last week the price formed multiple inside bars and broke down before bounced up this week. In the short term if it can not break the resistance level 1.1350 - 1.1370, it may drop down again. Otherwise the price may go up rally to the major resistance area.
Resistance level at 1.1350-1.1370, 1.1420, 1.1450
Support level at 1.1320, 1.1260, 1.1230
Technical analysis: Last week the price formed multiple inside bars and broke down before bounced up this week. In the short term if it can not break the resistance level 1.1350 - 1.1370, it may drop down again. Otherwise the price may go up rally to the major resistance area.
Resistance level at 1.1350-1.1370, 1.1420, 1.1450
Support level at 1.1320, 1.1260, 1.1230
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