Currency pair EUR USD continues to decline and currently quotes couples come to an important level of support in the form of a dense test the lower boundary of the triangle model.
EUR USD Forecast Euro Dollar on November 21, 2016
We continue to try to catch the development of the Euro correct, but if you open the transaction on the market, you should hold them, as there is a high potential that the euro dollar finally leaves the triangle pattern and we will see the beginning of a downtrend. We try to buy EUR USD with a close stop as part of mining bullish wave pattern Wolfe with the immediate goal of growth at the level of 1.07. Cancellation option will drop in prices below the level 1.0570, which will point to a continuation of the downward trend.
EUR USD Forecast Euro Dollar on November 21, 2016 suggests another correction attempt to 1.07 within the mining bullish wave Wolfe.