Forex trading signals and analysis for EURUSD – 10 June 2014

Forex trading signals and analysis for EURUSD – 10 June 2014

Analysis:

As we expected before, EURUSD moved down to test 1.3585 zone, however it did not move up quickly but currently hold at this zone for almost 12 hours.

It seems that although the market will not let EURUSD break 1.35 easy but it is also not easy for EURUSD to move up above 1.37 because the fundamental currently does not support for that.

There is no significant reports in Europe and US today so we dont expect EURUSD will move in wide range today.

Our strategy today is to look for sell signals if EURUSD move up to test 1.363 -1.367 zone.

Screenshot 2014-06-10 09.53.47

Forex trading signal:

Resistant zone:

+1.3970 – 1.400

+1.390

+1.3775

+1.3730

+1.3674

Support zone:

+1.3585

+ 1.3566

+1.3500

+ 1.3476

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