Currency pair Euro to US Dollar EUR/USD continues to trade near the local maximum area. It is worth expecting an attempt to drop the pair’s quotations in the support area at the level of 1.1270. In favor of lowering the EUR/USD quotes, a breakdown of the upward trend line on the relative strength indicator will perform.
EUR/USD Forecast Euro Dollar on July 4, 2017
The abolition of the pair’s decline option will be the breakdown of the local maximum area, which will indicate the continued growth of the pair.
Important news from Europe and America is not expected, so the pair will continue to move within the technical analysis of EUR/USD.
EUR/USD Forecast Euro Dollar on July 4, 2017 involves an attempt to fall into the support area below 1.1270, an additional signal in favor of the fall is the breakdown of the support line on the indicator of relative strength index (RSI).
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