Currency pair Euro to US Dollar EUR/USD is trading at 1.1210. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the pair Euro/Dollar. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.1240, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 1.1200.
EUR/USD forecast on June 14, 2017
Earlier, a weak signal was received for the sale of the currency pair Euro to US Dollar, due to crossing of the signal lines at the level of 1.1245. Consider selling is worthwhile with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotations below the level of 1.1170, in the case of breaking the upper boundary of the Ichimoku Kinko Hyo Cloud, we should expect the continuation of the bullish trend in EUR/USD.
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