EURUSD swung without trend in a range between 1.2661 1.2971 in the last two weeks it is coming to the end of this consolidation. Key resistance is at 1.2890 a break above this level will signal the end of this sideways consolidation the up trend of EURUSD will resume again resistance of 1.2971 will be broken above. http://www.forexcycle.com
Key resistance of 1.2831 is broken above EURUSD bottomed at 1.2699 on 4 hours chart. Further rises towards the next resistance of 1.2971 is possible after a slightly pullback to 1.2810 area. http://www.forexcycle.com
EURUSD has pulled back to 1.2800 area it will form a consolidation in a range between 1.2780 1.2908 today. Further rises towards 1.2971 is possible after this consolidation. http://www.forexcycle.com/
EURUSD rebounded sharply last Friday further rises above 1.2971 is possible later today the next cycle top will appear after 8 June. http://www.forexcycle.com/eurusd.html
Resistance of 1.2971 is broken above EURUSD will form a sideways consolidation in a range between 1.2870 1.2980 before it rises higher again. http://www.forexcycle.com/
Cycle bottom is nearing on 4 hours chart EURUSD may be supported by the fibo cluster of 61.8% it may bottom on this level. On downside the p is fall towards support of 1.2723 this support will likely be held. http://www.forexcycle.com/
EURUSD is falling lower to reach its cycle bottom on 4 hours chart support of 1.2723 may be tested later today this support will likely be held then uptrend will resume again. On the other side if 1.2699 support is broken below EURUSD will start its long term bearish movement. http://www.forexcycle.com/eurusd.html
Key support of 1.2699 is broken below EURUSD is now in down trend further fall towards 1.2580 is possible later today. Key resistance is at 1.2815 only rises above this level may signal a reversal the down trend. http://www.forexcycle.com/
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