The currency pair Euro Dollar EUR/USD continues to fall and at the moment there is a probability of a decline to the area below the level of 1.0560. In favor of the fall is the breakdown of the trend line on the indicator of relative strength. With the breakdown of the region 1.0560, it is expected to accelerate the fall of the pair to the local minimum area of 1.0350. The cancellation of the variant of falling quotations of the euro dollar will be a rise above the level of 1.0740, which will indicate the continuation of the development of the upward correction for the pair.
EUR/USD Forecast Euro Dollar on April 4, 2017
Among the important news that may affect the euro against the dollar, it is worth highlighting, the balance of the balance of foreign trade in the US, the speech of ECB President Mario Draghi, the change in the volume of production orders in the US. EUR/USD Forecast Euro Dollar on April 4, 2017 involves an attempt to continue falling with the target near the level of 1.0560, the cancellation will be growth above the area of 1.0740.
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