EUR USD Forecast Euro dollar exchange rate on July 21, 2016


Currency pair EUR USD continues to trade within expectations and our forecast of the euro against the dollar tomorrow. Currently we should expect the continuation USD EUR fall within the completion of the descending pattern with the target of the fall 5-0 at below 1.09.

EUR USD Forecast Euro dollar exchange rate on July 21, 2016

EUR USD Forecast Euro dollar exchange rate on July 21, 2016

Cancellation option will drop the pair strong growth of quotations EUR USD above the 1.1190 level. An additional signal in favor of the completion of the fall can be a test of the support line on the indicator of relative strength, but on the pair still has room for development fall.

EUR USD Forecast Euro dollar exchange rate on July 21, 2016 suggests an attempt to continue the reduction in the framework of the completion of the descending pattern at a level below 1.09 area.


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