EUR USD Euro forecast FOREX July 18, 2016


Currency pair EUR USD continues to trade in line with expectations and our forecast EUR USD for tomorrow. At the moment, we are seeing a continuation of the fall in the framework of the descending pattern with 5-0 potential target falling euro against the US dollar to below 1.09.

EUR USD Euro forecast FOREX July 18, 2016

EUR USD Euro forecast FOREX July 18, 2016

Cancellation option will be a strong growth of quotations EUR USD above the 1.1180 level, which indicates an increase in the likely pair above the level of 1.14. We continue to hold euros sales in the rebound from the downward trend line on the indicator of the relative strength and ready to increase sales EUR USD as of the fall. Already near the level of 1.09 is expected to attempt to increase the euro against the dollar quotes.

EUR USD Euro forecast FOREX July 18, 2016 assumes a continuation of the fall in the framework of the completion of the descending pattern 5-0 for the purpose of below 1.09.


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