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EURUSD Weekly Technical Analysis (22-26 June, 2015) | June 20, 2015



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Eurusd is following a uptrend line. It has retested 1.1295 support level last Friday. Now it is looking for bullish movement above this support. ON daily chart we can see rejection pin bar. But last Friday it has pulled back from trendline and support area. On h1 time frame, we can see that this pair is above 200 and 100 moving average. So main bias of this pair is now bullish. We need to look for buy entry from near term support area. 1.1300 and 1.1200 levels are good for buy on eurusd.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.1572

Resistance One (R1): 1.146

Pivot Point: 1.1325

Support One (S1): 1.1213

Support Two (S2): 1.1078


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