Currency EUR USD continued to fall and was able to test the area of the ascending channel’s lower border.
EUR/USD: dollar forecast for tomorrow 01.06.2016
We noted in the weekly forecast EUR/USD, which has the potential for continued growth within the mining bovine model 1:1 with a view to a potential higher than 1.17. We try to buy the pair with the tight stop. Cancellation option euros of growth in the dollar will break through the level of the lower limit and falling quotations EUR USD below 1.10. An additional signal in favor of the growth is the test of the uptrend line on the indicator of relative strength. EUR/USD: dollar forecast for tomorrow 01.06.2016 suggests an attempt to rebound from the channel and an uptrend in the pair within the mining model is 1:1.
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