EUR/USD prediction & technical analysis on October 23, 2017


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The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At this point, we should expect a test level of 1.1915, where again we should expect a rebound and a fall of the pair in the area below the level of 1.1680.

EUR/USD prediction & technical analysis on October 23, 2017

In favor of falling quotations EUR/USD will test the resistance area of ​​the relative strength indicator, as well as the formation of the bearish wave model of Wolfe. Cancellation of the variant of falling quotations of the euro dollar on Forex will be a strong growth and breakdown at the level of 1.1970, which will indicate continued growth. Expect to accelerate the fall of the pair is with the breakdown of the level of 1.1750.

EUR/USD prediction & technical analysis on October 23, 2017

EUR/USD prediction & technical analysis on October 23, 2017 assumes a test of the level of 1.1915, from which one should expect a rebound and a fall of the pair below 1.1680 in the framework of working out the bearish wave model of Wolfe, the cancellation of the fall of the EUR/USD pair will be a breakdown at level 1.1970, which will indicate the continued growth.

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