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FX.co ★ EUR/USD analysis for June 14, 2023 - Potential for the upside continuation

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Forex Analysis:::2023-06-14T07:08:05

EUR/USD analysis for June 14, 2023 - Potential for the upside continuation

Technical analysis:

EUR/USD analysis for June 14, 2023 - Potential for the upside continuation

EUR/USD has been trading upside as I expected and I still see potential for the further upside continuation.

Due to the breakout of the triangle pattern in the background and building higher lows and higher highs, I see potential for the further upside continuation.

Upside objectives are set at the price of 1.0830, 1.0900 and 1.1000

MACD oscillator is showing upside reading, which is good sign or the further upside....

Support zone is set at the price of 1.0780

Analyst InstaForex
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