EUR/USD 1.3868 - 23 June

EUR/USD Open 1.3862 High 1.3958 Low 1.3828 Close 1.3861

Euro/Dollar traded downwards yesterday. On the 1 and 4 hour charts this technical direction was shown with the downward direction head and shoulders formation. Immediate resistance is yesterday's top at 1.3955. Break above this level may trigger further increasing momentum toward next target 1.4070. The nearest support is represented by the 1.3820 level, followed by 1.3700. The CCI indicator has crossed up the 100 line on the 1 hour chart, assuming potential ascending pressure with possible insignificant upward correction.

Technical resistance levels: 1.3955 1.4070 1.4200

Technical support levels: 1.3820 1.3700 1.3590

Trading range: 1.3890 - 1.3815

Trend: Downward

Sell at 1.3868 SL 1.3898 TP 1.3828

Yesterday we made +50 pips profit on EUR/USD from the following signal:

5:43 GMT+1 Sell EUR/USD at 1.3906 SL 1.3932 TP 1.3856 TP reached at 7:36 GMT

Total yesterday +174, as shown at www.zifx.com/performance.php