Ready for another leg higher.
(Yann Quelenn )
• EUR/USD is still consolidating and should
target resistance at 1.1445 (29/06/2017 high).
Hourly support can be found at 1.1292
(28/06/2017 low). Stronger support lies at 1.1076
(18/05/2017 low).
• In the longer term, the momentum is clearly
negative. We favour a continued bearish bias
towards parity. Key resistance holds at 1.1714
(24/08/2015 high) while strong support lies at
1.0341 (03/01/2017 low).
