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Wednesday, June 16, 2021

πŸ“’ EURUSD: Will there be a breakdown of the balance of the week?

πŸ“’ EURUSD: Will there be a breakdown of the balance of the week?

EUR/USD OANDA:EURUSD

The key support for today is the lower boundary of the balance zone of the day (1.2124).
🌐 In case of a successful break-down of the support we are expecting the suspension of decline and the subsequent growth with the nearest target, the upper border of the balance zone of the day (1.2138).
In case of breakdown and fixation above 1.2138 we expect continuation of growth to the limit seller (1.2158).
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