Currency pair EUR USD continued to decline and is currently retained potential for further depreciation of the euro against the US dollar.
EUR USD Forecast Euro against the dollar on September 1, 2016
In favor of the fall is the test of the broken trend line on the indicator of relative strength, indicating a decline of quotations pair EUR USD since the current levels, but in the case of upward correction of the pair EUR USD could show growth in the area of 1.1220, where you can try to sell again. Therefore we recommend to tighten stop loss in the case of compensation out of the market.
EUR USD Forecast Euro against the dollar on September 1, 2016 assumes a continuation of the fall due to test the broken support line on the indicator of relative strength, but in the case of the couple can grow much correction.
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