Currency pair Euro to US Dollar EUR/USD finished the trading month at the level of 1.1280. 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 1.1020, from which it is expected to try to grow and develop the bullish tendency for the pair with the target of growth near the level of 1.1900.
EUR/USD forecast Euro Dollar for June 2017
Earlier, a weak signal was received for buying of the pair Euro/Dollar, due to the crossing of signal lines at the level of 1.0799. Cancellation of the growth option will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 1.0520, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations EUR/USD stands with the breakdown of the local maximum area at the level of 1.1680.
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