ThinkForex - Analytics

    ThinkForex

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    Technically Speaking: EURUSD and USDCHF

    We still favour an eventual downside break of the bullish channel on EURUSD and, whilst eventual gains on USDCHF are anticipated, recent price action looks less inviting so further clarification is required. 

     










     
    Resistance 3:   1.1381 20/06 high
    Resistance 2:   1.1340 Weekly R1, 21/06 high
    Resistance 1:   1.1280 Monthly Pivot
    EURUSD:   104.4400  
    Support 1:   1.1235 Weekly pivot
    Support 2:   103.3300 Lower channel, Monthly S2
    Support 3:   102.7800 Weekly S3


     
    Resistance 3:   1.1381 20/06 high
    Resistance 2:   1.1340 Weekly R1, 21/06 high
    Resistance 1:   1.1280 Monthly Pivot
    EURUSD:   104.4400  
    Support 1:   1.1235 Weekly pivot
    Support 2:   103.3300 Lower channel, Monthly S2
    Support 3:   102.7800 Weekly S3

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