Daily Technical Analysis and Forex tips 14 June 2016

Daily Technical Analysis and Forex tips 14 June 2016
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Technical Analysis and Forex tips 14 June 2016 that covers latest market news and daily shares trading signals from experts of the field. Take after the day by day specialized investigations to get an edge in trading in forex.

EUR/USD Intraday: under pressure

Our preference for short positions below 1.1280 with targets at 1.1180 & 1.1135 in extension. Alternative scenario is above 1.1280 look for further upside with 1.1305 & 1.1335 as targets.

GBP/USD Intraday: turning down

Our preference is short positions below 1.4215 with targets at 1.4050 & 1.4005 in extension. Alternative scenario is above 1.4215 look for further upside with 1.4285 & 1.4360 as targets.

USD/CHF Intraday: the bias remains bullish

Our preference long positions above 0.9605 with targets at 0.9670 & 0.9690 in extension. Alternative scenario is below 0.9605 look for further downside with 0.9570 & 0.9530 as targets.

USD/JPY Intraday: key resistance at 106.65

Our preference is short positions below 106.65 with targets at 105.50 & 105.00 in extension. Alternative scenario is above 106.65 look for further upside with 107.20 & 107.45 as targets.

USD/CAD Intraday: the upside prevails

Our preference long positions above 1.2805 with targets at 1.2875 & 1.2900 in extension. Alternative scenario is below 1.2805 look for further downside with 1.2750 & 1.2715 as targets.

AUD/USD Intraday: under pressure

Our preference short positions below 0.7420 with targets at 0.7310 & 0.7270 in extension. Alternative scenario is above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.

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