Currency pair EUR USD continues to move in the fall, but at the moment is stored potential to rebound from the support area and the beginning of growth in the area above the level of 1.07. In favor of a rebound testing the support line on the indicator of relative strength.
EUR USD Euro Dollar Forecast on February 15, 2017
Consider selling new euro dollar pair is worth at the time of the descending trend line test on the indicator of relative strength. Cancellation option will drop the stock is below the level 1.0550, which will indicate the breakdown of the area of support on the indicator of the relative strength and point to the continued decline in the area below the level of 1.05.
Among the important news in Forex, which may have an impact on the euro dollar, we should mention, the consumer price index, the consumer price index excluding prices for food and energy products, Retail Sales, Speech by Fed chief Janet Yellen.
EUR USD Euro Dollar Forecast on February 15, 2017 suggests an attempt to correct in the area above the level of 1.07 in cancers of the rebound from the support line on the indicator of relative strength.
