Currency pair EUR USD continues to trade within the descending pattern 5-0. The purpose of the fall is the area on the level below 1.1050.
EUR USD dollar exchange rate forecast — June 15, 2016
Cancellation option euro quotations falling dollar in the forex can become a strong growth of the pair above the 1.1500 level. At the moment, we should not exclude an attempt to correct by testing the uptrend line on the indicator of relative strength. Overall, however, the current trend is rather downward and is expected to continue falling quotations EUR USD.
EUR USD dollar exchange rate forecast — June 15, 2016 assumes the euro correction attempts at 1.13 and continued falling within the descending pattern 5-0.
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