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Time now: Jun 1, 12:00 AM

EUR/USD Trading Room

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As long as 1.0818 support holds, rebound from 1.0461 is mildly in favor to extend to above 1.1466.
 
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But since it's viewed as a corrective move, I'd expect strong resistance from 38.2% retracement of 1.3993 to 1.0461 at 1.0181 and bring reversal.
 
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Immediate support is seen around 1.1235. A clear break below that area could lead price to neutral zone in nearest term testing 1.1180 key support.
 
I expect growth despite the fact that the price had been standing still.
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Despite the fact that situation was rather difficult I had loss instead of expecting price and profit rising price had been starting to rise up since end of last week as I had forecasted.
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This clear break below 1.11650 could trigger further bearish pressure testing 1.1100 – 1.1050.
 
I've got a feeling that EURUSD are getting ready for a multiday swing higher because it has broken 1.095.
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