06.06.201822:42 Forex Analysis & Reviews: Trading recommendations for the EUR / USD currency pair as of June 6, 2018

After a long and painful bump, the quotation still managed to overcome the local maximum of 1.1743, the movement slowed.

Let's look at the current segment of the graph. For almost a week, the quotation fluctuated in the range of 1.1650 / 1.1720, consistently practicing the boundaries, where, as a result, our main level of 1.1650 played a pivot, continuing to form a corrective movement of May 30.

What is happening now, after the pulse candles, the "bullish" interest is a little stench, which is expressed in the current candle like "Doji". It is likely to consider the temporary regrouping of forces, within the current values.

Possible scenarios

We all know the theory, "breakdown / rollback" in the current scenario, it quite possibly takes place. The kickback point is again the border 1.1720, and already the continuation point and the possible trading level are set above the current local maximum of 1.1778. The fixation points are 1.1820; 1.1860.

The reverse picture looks like this, after retracement, we are drawn into the earlier broken range of 1.1650 / 1.1720, where our quotes continue to move.