Analysis for June 30th, 2014
EUR USD, “Euro vs US Dollar”
Euro is still being corrected; bulls may break June’s high during the day and reach closest group of fibo‑levels at 1.3695 ‑ 1.3685. If pair rebounds from these levels, price may start new correction.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/June/30/eur_usdfib1.png)
As we can see at H1 chart, upper targets are confirmed by several additional fibo-levels. According to temporary fibo-zones, predicted targets may be reached today. If price rebounds from them and reaches new local low, I’ll start selling during the following correction.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/June/30/eur_usdfib2.png)
USD CHF, “US Dollar vs Swiss Franc”
Franc is still forming descending correction. price broke June 5
th low and right now is moving towards closest group of fibo-levels at 0.8870 ‑ 0.8865. If pair rebounds from these levels, price may start new ascending correction.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/June/30/usd_chffib1.png)
As we can see at H1 chart, lower targets are confirmed by local fibo-levels. According to analysis of temporary fibo-zones, predicted target area may be reached during Monday. We should note, that price breaks this target area downwards, I’ll open several sell orders during the following correction.
RoboForex Analytical Department