The currency pair EUR/USD continues to be traded within the limits of expectations and our forecast euro/dollar. At the moment, there is a potential for growth above the local maximum and test the upper limit of the uplink.
EUR/USD forecast Euro Dollar on July 7, 2017
Near the level of 1.1460 again we should expect an attempt to drop the quotations of the euro/dollar. In case of breakdown of the upper border of the channel, we should expect the EUR/USD quotes to continue growing.
Among the important news that can affect the euro against the dollar, it is worth highlighting: The unemployment rate in the US, it is expected that the figure will remain unchanged. The change in the number of people employed in the non-agricultural sector (NON-FARM PAYROLLS) is expected to grow from 138K to 175K, which can support the US dollar.
EUR/USD forecast Euro Dollar on July 7, 2017 involves an attempt to test the upper border of the channel, where again it is expected to fall the quotes of the euro/dollar below the level of 1.1240, the cancellation will be the breakdown of the region 1.15, in which case it is expected to continue the growth of the pair.
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