EUR/USD technical analysis and forecast on June 8

eur-usdThe EUR / USD currency pair has not decided on the further progress. The speech of the head of the US Federal Reserve Janet Yellen did not clarify the situation, the following control steps remain unclear.

EUR/USD technical analysis and forecast on June 8

The euro consolidated near 1.1350 after a rapid growth. The RSI on the four-hour chart signals in favor of continuing the growth of the European currency at 1.1400 area, but further upward movement is limited by the resistance level. The EUR / USD forecast on 8 June 2016 expected weak growth in the euro and flat market development.

 

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