TECHNICAL MARKET ANALYSIS 22th JUNE
EUR/USD’s next support zone is at 1.17900 and the following opposition zone is at 1.19700. Search for momentary selling chances of EUR/USD. EUR/USD blurs recuperation from early April around 1.1920 during the underlying Asian meeting on Tuesday. In never helping to off a two-month low, the cash-significant pair snapped a three-day losing streak, additionally posted the heaviest increases since late May, the earlier day.
Search for momentary buying chances of GBP/USD. Authentic arranged a bounce back off mid-April 2021 lows at 1.37844 to 1.3930 NY close. The British Pound had drooped from a high keep going week at 1.4185 on expansive based USD strength following the FOMC declaration. GBP/USD hit an overnight high at 1.39368.
As of now, USD/CAD is trying the help zone of 1.23800 and the following obstruction zone is at 1.26100.
Search for purchasing chances of USD/CAD if it bounces off the support zone of 1.23800.
AUD/USD revives intraday low close 0.7520, down 0.11% on a day, while solidifying the earlier day’s benefits amid Tuesday’s Asian meeting. In doing as such, the statement legitimizes the keep going week’s bearish force on the break of the 200-day SMA (DMA). Generally speaking, AUD/USD is moving downwards. As of late, AUD/USD moved into the resistance zone of 0.75500. Right now, AUD/USD is trying to break the opposition zone of 0.75500 and the following support zone is at 0.73900.