EUR/USD Forecast June 20, 2016, Technical Analysis

The EUR/USD pair went back and forth during the course of the day on Monday, ultimately settling on a neutral candle. With this, it appears that the market does find quite a bit of buying pressure underneath, and if we can break above the top of the range for Friday I feel that this market could probably reach towards the 1.14 level. However, that is probably the only trade that I see at the moment on this chart. There will be a lot of volatility regardless what happens as there is so it should be concerned about when it comes to the European Union and the referendum vote out of the United Kingdom. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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