EURUSD could see limited upside to test resistance at 1.18996 resistance zone before seeing a reversal here. We do caution the limited downside as prices are sitting on the ascending trend line on the weekly time frame where we could see a further upside once prices breaks above this key resistance area.
Technical Analysis 20 June – Bullish outlook on GBPUSD
On the H1 timeframe, prices are showing a bullish order flow. A throwback to the support area 1.21800, in line with the 78.6%, 127.2% Fibonacci
