21.06.201812:46 Forex Analysis & Reviews: EUR/USD analysis for June 21, 2018

Long-term review

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Recently, EUR/USD has been trading downwards. The price tested the level of 1.1507. According to the H1 time - frame, I found a breakout of the bearish flag, which is a sign that sellers are in control. The trend is bearish. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.1452 and at the price of 1.1342.Resistance levels:

R1: 1.1603R2: 1.1635R3: 1.1668

Support levels: S1: 1.1538S2: 1.1505S3: 1.1473

Trading recommendations for today: watch for potential selling opportunities.

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