Currency pair EUR USD continues to trade in a downtrend, and now the value of the relative strength indicator tight test the resistance line, indicating the potential drop since the current levels. We continue to hold the sale of a currency pair euro dollar in order to reduce the level of 1.0750.
EUR USD Forecast Euro dollar exchange rate on October 26, 2016
Cancellation of the fall of quotations options EUR USD will be strong growth of the pair above the 1.0990 level, which points to a continuation of upward correction for the pair.
EUR USD Forecast Euro dollar exchange rate on October 26, 2016 suggests an attempt to continue the reduction in the rebound from the trend line on the indicator of relative strength with the potential to reduce to below 1.0750.