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EURUSD June 16 Weekly Technical, Fundamental Forecast: Breakdown Or Bounce?

From fxempire.com

FX Traders’ weekly EURUSD fundamental & technical picture, this week’s market drivers that could change it- the bullish, the bearish and likely EURUSD direction. For the first time in 6 weeks, the EURUSD had the bearish uncertainty about ECB stimulus lifted, so it could resume its usual tracking of overall risk appetite as reflected by the major US and European stock indexes. Overall Risk Appetite Per Weekly Charts Of Leading Global Stock Indexes: Taking A Break Overall risk appetite as reflected in US and European indexes took a break last week, but its outlook for the coming weeks remains firmly bullish as ... (full story)

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