Currency pair EUR USD continues to move in the downward trend, and at the moment has the potential to continue fall to below 1.0535. In favor of the fall is the dense test downward trend line on the indicator of relative strength.
EUR USD Forecast Euro Dollar on February 20, 2017
Cancellation option euro quotations falling dollar will make the sample the upper boundary of the descending channel that indicates the continuation of an upward trend.
Among the important news that could affect the rate of the euro against the dollar, we should mention that the meeting of the Eurogroup, the performance of the ECB President Mario Draghi’s speech.
EUR USD Forecast Euro Dollar on February 20, 2017 suggests an attempt to continue falling in the area of a local minimum in the rebound from the resistance line of the descending on the display of relative force to fall to below 1.0535 area.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
