EUR/USD Forecast Euro Dollar on April 25, 2017


The currency pair Euro to Dollar EUR/USD continued its growth development and at the moment quotations are traded near the area of 1.0855. It is worth waiting for an attempt to fall into the area below the level of 1.0760 within the rebound from the resistance area on the indicator of relative strength.

EUR/USD Forecast Euro Dollar on April 25, 2017

Near the level of 1.0760, we should expect an attempt to grow into the local maximum area. By canceling the variant of growth of quotations of the euro, the dollar will become a breakdown of the upward trend line on the indicator of relative strength, which will indicate that the quotations will continue to fall below 1.0650.

EUR/USD Forecast Euro Dollar on April 25, 2017

Among the important news that can affect the euro against the dollar, it is worth highlighting, the indicator of consumer confidence in the US, the volume of sales of housing in the primary market in the US.

EUR/USD Forecast Euro Dollar on April 25, 2017 involves an attempt to fall into the area below the level of 1.0760 within the rebound values of the relative strength indicator from the resistance level.


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