Daily Technical Analysis and Forex tips 28 June 2016

Daily Technical Analysis and Forex tips 28 June 2016
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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 28 June 2016

EUR/USD Intraday: key resistance at 1.1110

Our preference for short positions below 1.1110 with targets at 1.0900 & 1.0820 in extension. Alternative scenario is above 1.1110 look for further upside with 1.1185 & 1.1300 as targets.

GBP/USD Intraday: key resistance at 1.3470

Our preference is short positions below 1.3470 with targets at 1.3100 & 1.3000 in extension. Alternative scenario is above 1.3470 look for further upside with 1.3680 & 1.3790 as targets.

USD/CHF Intraday: further advance

Our preference long positions above 0.9720 with targets at 0.9840 & 0.9900 in extension. Alternative scenario is below 0.9720 look for further downside with 0.9660 & 0.9585 as targets.

USD/JPY Intraday: bullish bias above 101.30

Our preference is long positions above 101.30 with targets at 103.30 & 104.25 in extension. Alternative scenario is below 101.30 look for further downside with 100.00 & 98.95 as targets.

USD/CAD Intraday: under pressure

Our preference short positions below 1.3065 with targets at 1.2940 & 1.2890 in extension. Alternative scenario is above 1.3065 look for further upside with 1.3120 & 1.3175 as targets.

AUD/USD Intraday: caution

Our preference short positions below 0.7420 with targets at 0.7300 & 0.7260 in extension. Alternative scenario is above 0.7420 look for further upside with 0.7465 & 0.7510 as targets.

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