EURUSD – Daily Forex Technicals by ForexHound.com June 30th

EURUSD reached the top zone of the last months range and it also covered an equal length leg of the 1.53-1565 move(as seen in the chart below). Failing to break above the resistance zone will put pressure on the pair but everything will be decided later on this week, considering much of the attention is on oil and the ECB meeting. EURUSD reached the top zone of the last months range and it also covered an equal length leg of the 1.53-1565 move(as seen in the chart below). Failing to break above the resistance zone will put pressure on the pair but everything will be decided later on this week, considering much of the attention is on oil and the ECB meeting.

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