The currency pair EUR/USD continues to be traded within the framework of the rising channel. At the moment, we should expect an attempt to continue the decline to the lower boundary of the channel near the level of 1.1850.
EUR/USD forecast & analysis Euro Dollar on September 14, 2017
Where again we should expect a rebound and the continued growth of quotations of the euro dollar. In favor of the fall of EUR/USD is the breakdown of the support line on the indicator of relative strength index (RSI). Cancellation of the variant of falling quotations of the euro dollar on Forex will be strong growth and breakdown at the level of 1.21, which will indicate the continuation of growth. Expect to accelerate the fall of the pair is with the breakdown of the bottom of the bullish channel and the closing below the support area 1.1770.
Among the important news from Europe and America, which can influence the rate of the EUR/USD pair, it is worth highlighting: the Consumer Price Index, the Consumer Price Index without taking into account food and energy prices, The number of initial applications for unemployment benefits.
EUR/USD forecast & analysis Euro Dollar on September 14, 2017 involves an attempt to test the bottom of the uplink near the 1.1850 area, an additional signal in favor of the decline is the breakdown of the trend line on the indicator of relative strength index (RSI), the cancellation will be a strong growth and breakdown of the area 1.21.
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