Currency pair EUR USD continues to test the lower boundary of a tight triangle model, and at the moment there are attempts to develop upward correction risks in order to increase above the level of 1.07. In favor of the correction in favor of a tight test of the rising trend line on the indicator of relative strength.
EUR USD Euro Dollar Forecast on November 22, 2016
Consider selling the pair at the time line on the RSI resistance test. Cancellation option will drop the euro dollar quotations below the level 1.0530, which will indicate the lower limit of an breakdown model triangle and continued reduction in the framework of the beginning of the mining model.
EUR USD Euro Dollar Forecast on November 22, 2016 suggests an attempt correction to 1.07 in the rebound from the support area.