FX.co ★ EUR/USD analysis for June 15, 2018

Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1542. According to the H1 time – frame, I found a potential end of the bullish corrective phase in the background. My advice is to watch for potential selling opportunities. The downward target is set at the price of 1.1510.

Resistance levels:

R1: 1.1760

R2: 1.1950

R3: 1.2050

Support levels:

S1: 1.1469

S2: 1.1370

S3: 1.1178

Trading recommendations for today: watch for potential selling opportunities.