EURUSD Weekly Technical Analysis (15-19 June,2015) | June 13, 2015

Eurusd has pulled back from 200 and 100 moving average. These moving averages are acting as good support for this pair. Above these moving averages, we can expect bullish momentum on this pair. Next resistance for this pair is 1.1380 area. If this pair comes on this resistance, then we can look for sell on this pair. If we find any rejection candle on 1.1380 area, then we can go for sell and target will be 100-200 pips.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.1546

Resistance One (R1): 1.1404

Pivot Point: 1.1244

Support One (S1): 1.1102

Support Two (S2): 1.0942