EUR/USD forecast Euro Dollar on June 1, 2017


Currency pair Euro to US Dollar EUR/USD is trading at 1.1219. The pair broke through Ichimoku Kinko Hyo Cloud and began to trade above its upper limit, which indicates an bullish trend in the pair Euro to US Dollar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 1.1210, from which it is expected to try to grow and further develop the bullish trend near the level of 1.1290.

EUR/USD forecast Euro Dollar on June 1, 2017

EUR/USD forecast Euro Dollar on June 1, 2017

Earlier, a weak signal was received for the sale of the pair Euro/Dollar, due to the crossing of the signal lines at the level of 1.1216. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of ​​1.1140, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations EUR/USD stands with the breakdown of the local maximum area at the level of 1.1270.


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