Currency pair EUR/USD Euro to US Dollar is trading at 1.1872. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Euro/Dollar pair. Ichimoku Kinko Hyo signal line area test is expected near the level of 1.1855, from which it is expected to attempt a rebound and continue growth with the target near the level of 1.1970.
Euro Dollar forecast EUR/USD on November 27, 2017
Earlier, a medium strength signal was received for buy of the Euro/Dollar pair, due to crossing of the signal lines at the level of 1.1770. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 1.1720, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations EUR/USD is at breakdown level 1.1910.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
