MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Technical analysis of EUR/USD for June 16, 2016

Today, EUR/USD stayed below the 50 Moving Average and rejected the R1 (1.1270) resistance based on the Fibs applied to the channel breakout point.

While the S1 (previous resistance) was broken, EUR/USD rejected both R3 (1.1400) and R1 (1.1270) levels. Consider selling EUR/USD either at the current rate (1.1200) or on small pullbacks towards R1. The stop loss should be just above R1.

Support: 1.1185, 1.1050

Resistance: 1.1270, 1.1335, 1.1400

EURUSD_INSTA.png

The material has been provided by InstaForex Company - www.instaforex.com