The Euro started a decent increase from the 1.0380 support zone against the US Dollar. The EUR/USD pair traded above the 1.0420 resistance to start an upward move. There was a clear move above a key bearish trend line with resistance near 1.0435 on the hourly chart. The pair settled above the 1.0450 level and […]
The post EUR/USD Technical Analysis 17th June 2022 appeared first on Action Forex.
AUD/USD’s late breach of 0.7221 last week suggests the recent up trend is resuming. Initial bias is mildly on the upside this week. Next target is 61.8% projection of 0.6420 to 0.7187 from 0.6832 at Read more…
USD/CAD’s fall from 1.3965 continued last week after brief recovery. Initial bias stays on the downside this week for retesting 1.3480 low. Decisive break there will resume whole down trend from 1.4791. For now, risk Read more…
GBP/JPY’s steep decline last week indicates medium term topping at 216.58, on bearish divergence condition in D MACD. But as a temporary low was formed at 210.43, initial bias is turned neutral this week first. Read more…