EURUSD Forecast and technical analysis June 16 2014

We are in bearish mode on EURUSD currency pair

Here is the illustrations and snapshots for EURUSD Forecast and technical analysis June 16 2014

On the monthly chart of EURUSD pair we can see that the pair broke the red strong trend line but it failed to keep its momentum due to dovish act from Draghi. But the setup is still bullish.

eurusd forecast technical analysis june 16 2014

eurusd forecast technical analysis weekly june 16 2014

eurusd forecast technical analysis daily june 16 2014

eurusd forecast technical analysis h4 june 16 2014