EURUSD Forecast    
The EURUSD was indecisive yesterday. As you can see on my daily chart below, we have a “shooting star” candlestick formation (B). While some may argue that that is not a valid shooting star formation compared to what happened on May 03 (A), for me any indecisive movement now could be a serious warning for the bullish run. That said, as long as stay above 1.1285 I still prefer a bullish scenario targeting 1.4700. A clear break and daily close below 1.1285 could trigger further bearish pressure testing 1.1180 and the lower line of the bullish channel which remains a good place to buy.

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One thought on “EURUSD Daily Forecast: June 21”

  1. Jackie Mullin says:

    Thanks for your analysis, it is very helpful.

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