📊 Technical Analysis
● Price has spiked into the confluence of the long-term channel roof (≈1.1615) and a steeper resistance line, printing a rejection candle and bearish divergence on the 1 h RSI.
● The move leaves a lower high versus 13 Jun and snaps the micro up-sloper; a slide back inside the grey 1.1560-1.1520 supply should accelerate toward the mid-June swing floor at 1.1490.
💡 Fundamental Analysis
● Hotter US S&P-global PMIs rekindled Fed “higher-for-longer” chatter, lifting two-year yields and the DXY, while French election uncertainty widens Bund-Treasury spreads—both pressuring EUR.
✨ Summary
Fade rallies 1.1580-1.1610; sustained trade beneath 1.1560 targets 1.1520 ➜ 1.1490. Bearish view void on an hourly close above 1.1630.
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● Price has spiked into the confluence of the long-term channel roof (≈1.1615) and a steeper resistance line, printing a rejection candle and bearish divergence on the 1 h RSI.
● The move leaves a lower high versus 13 Jun and snaps the micro up-sloper; a slide back inside the grey 1.1560-1.1520 supply should accelerate toward the mid-June swing floor at 1.1490.
💡 Fundamental Analysis
● Hotter US S&P-global PMIs rekindled Fed “higher-for-longer” chatter, lifting two-year yields and the DXY, while French election uncertainty widens Bund-Treasury spreads—both pressuring EUR.
✨ Summary
Fade rallies 1.1580-1.1610; sustained trade beneath 1.1560 targets 1.1520 ➜ 1.1490. Bearish view void on an hourly close above 1.1630.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.