Daily Technical Report 15 June 2018

EUR/USD has fallen off a cliff. The short-term trend remains negative as long as prices remain below hourly resistance at 1.1993 (14/05/2018 high). Hourly support is given at 1.1510 (29/05/2018 low). • In the longer term, the momentum is turning largely negative. We favor a continued bearish bias…

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