EURUSD 26.06.2019
Daily chart:
It was expected: after touch of psychologically important level 1.1400 a downward correction was triggered, that may head in direction of the pivot zone 1.1262-1.1276.
H1-chart:
Local downward structure already has a completed corrective upswing, that also speaks for scenario of decline from current levels under the closest low (1.1342).
Conclusions:
So, we expect decline towards 1.1300 with aim at the 1.1262-1.1276 region.
Trading recommendations:
Shorts towards 1.1300 and 1.1262-1.1276.
It was expected: after touch of psychologically important level 1.1400 a downward correction was triggered, that may head in direction of the pivot zone 1.1262-1.1276.
H1-chart:
Local downward structure already has a completed corrective upswing, that also speaks for scenario of decline from current levels under the closest low (1.1342).
Conclusions:
So, we expect decline towards 1.1300 with aim at the 1.1262-1.1276 region.
Trading recommendations:
Shorts towards 1.1300 and 1.1262-1.1276.
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