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19.06.201811:17 Forex Analysis & Reviews: EUR/USD analysis for June 19, 2018

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Recently, EUR/USD has been trading downwards. The price tested the level of 1.1549. According to the H1 time - frame, I found a broken bearish flag pattern and a potential end of the upward correction (abc flat), which is a sign that sellers are in control. My advice is to watch for selling opportunities. The downward targets are set at the price of 1.1511, 1.1457 and at the price of 1.1345.

Resistance levels: R1: 1.1637R2: 1.1653 R3: 1.1662

Support levels: S1: 1.1612S2: 1.1603S3: 1.1587Trading recommendations for today: watch for potential selling opportunities.

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