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  • Monday 11 June 2018

    Weekly Forex Setups, June 11th to June 15th 2018

    The previous weekly forecast was so amazing with markets behaving with respects to our analysis and setups. please read our latest forecast and wish you the best trading week.


    We are Bearish on UsdChf looking to sell on price retracements.


    The EurUsd setup has not change as price is showing respect to our previous setup, we looking for price to level 1.19450 as shown on the setup. we are current bullish on EurUsd.


    The AudUsd has been finding support at the H4 100MA line indicating a bullish momentum in the pair, we highly expect the AudUsd to revisit the 0.77000  Resistance zone. only a break above level 0.76150 will reveal level 0.77000 which is our current measured Buy target.


    The "KIWI" has been very bullish from the mid-May trading commentary and we looking for further bullish movement on the pair, our current target remains 0.71400

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    We have a strong resistance on UsdJpy as price is Struggling to break above the 110.100 zone creating sell order levels which will cause price to revisit level 108.600 for support.

    Also Read: US Dollar Index(DXY) Forecast

    Sifiso Nkwanyana

    Author & Editor

    I hope you have recieved all the information you seek and thank you once more for browsing our website we hope to hear from you soon.


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