EUR/USD Forecast (euro/dollar) on February 14, 2017. Yellen Speech


Currency pair EUR USD continues to move in the downward trend, but at the moment is stored potential to rebound to 1.07, where is again expect continuation of decrease. Break of the support level near 1.0620 area points to the continued decline without any correction.

EUR/USD Forecast (euro/dollar) on February 14, 2017

Cancellation option will drop an attempt to update the local maximum. Near the area of 1.05 reappear risks to the beginning of growth.

Among the important news in Forex, which may have an impact on the euro dollar, it stands out, Change of GDP, PPI, the speech of the Fed’s Janet Yellen.

EUR/USD Forecast (euro/dollar) on February 14, 2017

EUR/USD Forecast (euro/dollar) on February 14, 2017 requires correction attempts at 1.07 and continue the decline from the first target at the level of 1.05, we continue to hold to sell the pair and willing to try new deal after trying the growth of quotations EUR/USD.


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