Analysis and forecasts for EUR / USD 14/06/16
The currency pair has corrected some recent declines (1,1417-1,1235) and reached the level of 1.1303. Strong resistance remains the 1.1330 level (minima of 6 June). If the demand side will lead to a break in / at resistance will be open way toward 1.1376 and 1.1417. The signal for a stronger upward movement may be weaker data from the US. Otherwise, the supply will head towards a strong zone of support levels located on levels 1,1216-35.
It should be borne in mind that the most important information for the euro-dollar, will flow only on Wednesday, when it will be announced the statement after a meeting of the Federal Reserve.
It should be borne in mind that the most important information for the euro-dollar, will flow only on Wednesday, when it will be announced the statement after a meeting of the Federal Reserve.
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