TECHNICAL ANALYSIS BY NSFX 14.06.2015
The rate is making higher lows and the 200SMA is above around 250 pips from current market price. Above this level the rate might test the supply line that link lower highs generated from the 2014 top at 1.4. In case EurUsd should win this dynamic resistance it might develop a long term uptrend. Below 1.1, where both the 21SMA and the 55EMA are overlapped, the pair can slide to test 1.057 and then the parity.