Euro Price Outlook: EUR/USD Breakout Stalls – Trade Levels to Know

• EUR/USD breakout risks near-term pullback – constructive while above 1.1265

  欧元/美元突破风险近期回调 - 建设性，高于1.1265

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• Check out our 2019 projections in our Free DailyFX EuroTrading Forecasts

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• Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT

  加入迈克尔参加直播周刊策略网络研讨会星期一中午12点30分

Euro has rallied nearly 2% against the US Dollar with the move fueling a breakout of multi-month channel resistance. These are the updated targets and invalidation levels that matter on the EUR/USD charts. Review this weeks Strategy Webinar for an in-depth breakdown of this setup and more.

欧元兑美元汇率上涨近2％，此举推动突破多月通道阻力。这些是欧元/美元图表中重要的更新目标和失效水平。回顾本周的策略网络研讨会，深入了解此设置及其他内容。

New to Forex Trading？ Get started with this Free Beginners Guide

外汇交易新手入门？开始使用此免费入门指南

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EUR/USD Price Chart - Daily

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Technical Outlook: In my latest Euro Price Outlook we noted that the, “immediate Euro price advance may be vulnerable while below 1.1317” Price is straddling this level now after breaking above January channel resistance last week and while the broader focus remains weighted to the topside, the possibility of near-term price exhaustion remains.

技术展望：在我最新的欧元价格展望中，我们注意到“即时欧元价格上涨可能会在下跌至1.1317之前受到冲击”价格在上周突破1月份通道阻力后现在跨越这一水平，而更广泛的焦点仍然偏向上行，近期价格疲惫的可能性仍然存在。

Initial daily support rests at 1.13 backed by near-term bullish invalidation at 1.1265- weakness beyond this threshold would expose a larger correction with broader key support steady at the yearly low-day close / 61.8% retracement at 1.1182/86. Topside resistance objectives remain at 1.1374 and the 61.8% retracement of the 2019 trading range at 1.1394.

最初的每日支撑位于1.13，近期看涨无效至1.1265-超出此阈值的弱势将带来更大的修正更广泛的关键支持稳定在每年的低点在1.1182 / 86收盘/ 61.8％回撤位。上行阻力目标维持在1.1374，2019年交易区间的61.8％回撤位于1.1394。

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Why does the average trader lose？ Avoid these Mistakes in your trading

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EUR/USD Price Chart - 120min

欧元/美元价格走势图 - 120分钟

Notes: A closer look at price action shows Euro trading within the confines of an ascending pitchfork formation extending off the May lows with price trading just below the median-line since the start of the week. The outlook remains constructive while within this formation- the lower parallel comes in around 1.1270s. Ultimately a break below 1.1256/65 would be needed to validate a larger reversal in EUR/USD. Topside resistance objectives are eyed at 1.1374 and 1.1393- a breach there is needed to fuel the next leg higher with such a scenario targeting the 2019 yearly open at 1.1445 (look for a bigger reaction there IF reached).

注意：更接近看看价格行动显示欧元交易在一个上升的干草叉形成的范围内延伸，从5月低点开始，价格交易从本周开始以来正好在中线以下。在这种形态下，前景仍然具有建设性 - 较低的平行线位于1.1270左右。最终需要突破1.1256 / 65才能确认欧元兑美元的更大逆转。上行阻力位目标位于1.1374和1.1393-这是一个突破需要推动下一个走高点，这种情况的目标是2019年开盘位于1.1445（寻找更大的反应IF）。

Bottom line: Euro broke above multi-month channel resistance last week and keeps the broader focus higher heading deeper into June trade. From at trading standpoint, were looking for a pullback here to offer more favorable long-entries while within this formation, ultimately targeting a topside breach. Review my last Euro Weekly Price Outlook for a longer-term technical picture on EUR/USD.

一句话：上周欧元突破了多个月的通道阻力并使更广泛的焦点更高深入到6月贸易。从交易的角度来看，正在寻找回调，以便在此形成期间提供更有利的长期参与，最终瞄准上行突破。查看我上一次欧元每周价格展望，了解欧元/美元的长期技术图片。

EUR/USD Trader Sentiment

EUR / USD Trader Sentiment

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• A summary of IG Client Sentiment shows traders are net-short EUR/USD - the ratio stands at -1.31 (43.3% of traders are long) – weak bullish reading

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• Long positions are 4.7% higher than yesterday and 3.2% higher from last week

  多头头寸比昨天增加4.7％，比上周增加3.2％

• Short positions are 6.6% higher than yesterday and 12.2% higher from last week

  空头头寸比昨天增加6.6％，比上周增加12.2％

• We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests Euro prices may continue to rise. Traders are further net-short than yesterday & last week, and the combination of current positioning and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias from a sentiment standpoint.

  我们通常采取逆向观点来看待人群情绪，事实上交易者是net-short su美元欧元价格可能继续上涨SE。交易商进一步净空至昨日和上周，当前定位和近期变化的结合使我们从情绪的角度看，欧元兑美元看涨逆势交易偏好。

Relevant Euro / US Data Releases

相关欧元/美国数据发布

Active Trade Setups

有效交易设置

• Gold Price Outlook: XAU Plummets from Yearly Highs- Bulls Eye Support

  黄金价格展望：XAU从年度高点下跌 - 公牛眼支持

• New Zealand Dollar Price Outlook: Kiwi Fails Flight into Resistance

  新西兰元价格展望：新西兰元未能进入阻力

• Aussie Price Outlook: Australian Dollar Breakout Vulnerable into RBA

  澳元价格展望：澳元突破难以进入澳洲联储

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