Lemnos

EURUSD IS GETTING READY TO JUNE (2) 1.11500 Area

Satış
FX:EURUSD   Euro / ABD Doları
Thoughts
non-farm payrolls figure is mentioned in May and the unemployment rate is not very good , America in May data does not sound too good. At the same time the FOMC interest rate decision on the subject in June, much importance,However, markets are uncertain about interest rate hike.This confusion makes it difficult to decide on financial assets But there is a real world economy is not going well For this reason, there are also benefits of strategic thinking.

As a result : Technically, it looks like the start of the upward movement of the EURUSD-0.77% down, because market interest rates began to increase pricing. Dollar done perhaps with the idea of a rising interest rate increase in question It also seems that the Dollar Index0.31% movement received support from 89 Monthly average when examined, but how strong support

I would like to express our position in writing which currently support the resistance point. This support and resistance points are determined by Fibonacci ratios

EURUSD Estimated Support and resistance Points

important levels
Resistance Level : 1.12750/500
support last Daily %236 Fibonacci Level : 1.11500

Bestregards
Ersoy Toptas
investing