Currency pair EUR USD continues to trade within the descending pattern 5-0. To date, the potential for development is maintained in quotations fall to EUR USD at 1.09.
EUR USD Euro Dollar Forecast on July 15, 2016
Additional forex signal in favor of the continuation of the fall is the resistance of the downlink test indicator of relative strength, which implies a drop in prices pair EUR USD since the current levels. Cancellation option continued fall of the euro against the US dollar will be strong growth of the pair above the 1.1190 level, which points to a continuation of the upward movement in the area above the level of 1.14.
EUR USD Euro Dollar Forecast on July 15, 2016 suggests an attempt to continue the fall of the euro in the framework of the completion of the descending pattern 5-0.
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