empty
 
 
28.06.2018 08:56 AM
Technical analysis on EUR/USD for June 28, 2018

EUR/USD has broken below critical support yesterday and the RSI has also broken below its support trend line implying that we should soon see a move below 1.15. The trend is bearish as long as the price is below 1.1720.

This image is no longer relevant

Magenta line - horizontal support

Blue line - RSI support (broken)

Yesterday I mentioned in my analysis that if RSI price broke below the blue trend line support we should expect the price to fall towards 1.1590 and lower. This is what happened yesterday as support did not hold. Next support is at 1.15 and I believe that as long as we are below 1.1720 any bounce should be sold. The trend is bearish. Next target is at 1.1450.

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 $10000 more!
    In January we raffle $10000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 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