The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the bottom of the uplink near the level of 1.1740. Then continue the growth in the area above the level of 1.1910.
EUR/USD prediction & technical analysis on November 21, 2017
In favor of the growth of EUR/USD quotations, a test of the support line will be made on the indicator of relative strength index (RSI). The cancellation of the growth of the Euro/Dollar quotations will be a breakthrough at level 1.1680, which will indicate the continuation of the fall of the Euro/Dollar pair below the level of 1.1610. Expect to accelerate the growth of the pair is with the breakdown of the level of 1.1810.
EUR/USD prediction & technical analysis on November 21, 2017 suggests an attempt to test the lower border of the channel near the level of 1.1740 and continue the growth to the area above the level of 1.1910, the cancellation of the EUR/USD growth option will be a breakthrough at level 1.1680, which will indicate the continuation of the fall.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
