empty
 
 
12.06.2020 02:49 PM
EUR/USD analysis for June 12, 2020 - Potential for the upward movemet due to end of the downside correction (Running flat). Upside target set at 1.1400

News COVID:

This image is no longer relevant

The UK government has dropped plans for full border checks on goods coming in from the EU from 1 January 2021 over fears of the economic impact of corona virus.

Technical analysis:

EUR/USD has been trading downwards. The price tested and rejected of the level at 1,1275. There is potential that 4H time-frame is on the running flat pattern, which is sign that there is potential for the upside...

Trading recommendation:

Watch for selling buying opportunities due to the potential end of the downward correction.

I see potential for the upside rotation towards the level at 1,1400.

Support level is seen at the price of 1,1250

Stochastic oscillator is showing fresh bull cross, which is another sign for potential rise...

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback