EURUSD intraday technical analysis - 29/06/2017

EURUSD

1.14099 / 1.14103

SUMMARY

Up

TREND

Up trend

SENTIMENT

Bearish

VOLATILITY

Medium

MARKET ANALYSIS

Upwards scenario: Further bullish penetration might face next challenge at 1.1427 (R1). Break here would then be targeting 1.1475 (R2) en route towards to last resistance for today at 1.1523 (R3).
Downwards scenario: On the other hand, retracement formation might occur below the immediate support level at 1.1387 (S1). Clearance here would enable our next intraday targets at 1.1330 (S2) and 1.1276 (S3).

Resistance levels: 1.1427, 1.1475, 1.1523

Support levels: 1.1387, 1.1330, 1.1276