Currency pair EUR USD continues to trade within the descending pattern 5-0. The purpose of the fall of quotations EUR USD continues to the area below the level of 1.09, from which we can expect the beginning of growth of the euro against the US dollar within the mining bullish wave pattern Wolfe for the purpose at a level above 1.15.
EUR USD Forecast euro against the dollar on July 13, 2016
We continue to hold the sale EUR USD with a close stop loss. Cancellation option continued fall of the euro dollar pair will be strong growth of quotations above level 1.1150, which will lead to the cancellation of mining model variants 5-0 and will provoke further growth in the area above the level of 1.15.
EUR USD Forecast euro against the dollar on July 13, 2016 suggests an attempt to continue falling within 5-0 working out a bearish pattern with a view to fall below the level of 1.09.
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