Daily Technical Analysis and Forex tips 20 June 2017

Daily Technical Analysis and Forex tips 20 June 2017
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Explore daily forex research, the powerful analysis and trade ideas solution of US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar and Australian Dollar. Read forex tips of 20 June 2017

EUR/USD Intraday: under pressure

Our preference for short positions below 1.1185 with targets at 1.1130 & 1.1100 in extension. Alternative scenario is above 1.1185 look for further upside with 1.1210 & 1.1230 as targets.

GBP/USD Intraday: under pressure

Our preference is short positions below 1.2760 with targets at 1.2660 & 1.2635 in extension. Alternative scenario is above 1.2760 look for further upside with 1.2790 & 1.2815 as targets.

USD/CHF Intraday: the bias remains bullish

Our preference long positions above 0.9725 with targets at 0.9770 & 0.9790 in extension. Alternative scenario is below 0.9725 look for further downside with 0.9700 & 0.9680 as targets.

USD/JPY Intraday: further advance

Our preference is long positions above 111.15 with targets at 112.10 & 112.50 in extension. Alternative scenario is below 111.15 look for further downside with 110.85 & 110.60 as targets.

USD/CAD Intraday: under pressure

Our preference short positions below 1.3235 with targets at 1.3185 & 1.3165 in extension. Alternative scenario is above 1.3235 look for further upside with 1.3260 & 1.3280 as targets.

AUD/USD Intraday: rebound

Our preference long positions above 0.7580 with targets at 0.7630 & 0.7655 in extension. Alternative scenario is below 0.7580 look for further downside with 0.7565 & 0.7550 as targets.

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