EURUSD Weekly Technical Analysis (6-10 July, 2015) | July 4, 2015

After big gap down on EURUSD last week, this pair has made up that gap immediately. We could see another gap on next week. Due to greece debt crisis, we can observe volatility on this pair on next week. So we have to be careful for taking any entry on this pair. If it breaks 1.1250 resistance level, then we can see more bullish movement on this pair. On lower side, it can break 1.1000 physiological level, then we can expect 1.0800 level on this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.1435

Resistance One (R1): 1.127

Pivot Point: 1.1112

Support One (S1): 1.0947

Support Two (S2): 1.0789