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 level of the lower border of the channel near the level of 1.1810 and continue the growth of the euro/dollar with a target at above 1.2020.
EUR/USD prediction & technical analysis on November 30, 2017
In favor of the growth of quotations EUR/USD is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price growth will be a breakdown at the level of 1.1780, which will indicate the breakdown of the lower border of the channel and 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 1.1920.
EUR/USD prediction & technical analysis on November 30, 2017 suggests a rebound from the lower border of the channel near 1.1810, from where it is expected to continue growth to the area above 1.2020, the cancellation of the EUR/USD growth option will be a breakthrough at level 1.1780, which will indicate a continuation of the decline.
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