Technical Analysis : EUR/USD 18 June 2020

Forex Technical Analysis : EURUSD

Target Level 1.1287

Date : 18 June 2020

Support Line (A) : 1.1207 – Last TP of Falling Wedge

Resistance Line (B) : 1.1294 – Last TP of Falling Wedge

Target Period : 12 hours

Interval : 30 Minutes

Pattern : Falling Wedge

Length : 86 Candles

Detail : Falling Wedge has broken through the resistance line at 18-Jun-11:00. Possible bullish price movement forecast for the next 12 hours towards 1.1287. (Supported by Upward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.