The currency pair Euro Dollar EUR/USD continues to move within the upward trend, the pair could not break the support line on the relative strength indicator, so it is too early to speak about the completion of the upward trend in the pair. At the moment, the bearish Wolf wave is again forming with the aim of falling near the area of 1.0750. In favor of the fall is a tight test of the downward trend line on the indicator of relative strength.
EUR/USD Forecast Euro Dollar on March 28, 2017
The first target is the support area at the level of 1.0815. The cancellation of the option will be the breakdown of the area 1.0925, which will indicate the acceleration of the growth of quotations of the euro-dollar pair.
Among the important news that could affect the euro against the dollar, it is worth highlighting, the balance of the US trade, Consumer confidence indicator, Speech of the head of the Federal Reserve, Janet Yellen, with a speech.
EUR/USD Forecast Euro Dollar on March 28, 2017 involves trying to test the area of the upper boundary of the Wolf wave model and reducing to the area of 1.0750, the cancellation will be the breakdown of the area 1.0925.
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