The currency pair Euro Dollar EUR/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the support level of 1.1745 for the target of growth near the area of 1.1810. Whence again it is necessary to expect the continuation of the fall of the euro/dollar. In favor of falling quotations EUR/USD will test the resistance line indicator relative strength index (RSI).
EUR/USD prediction & technical analysis on October 24, 2017
Cancellation of the variant of falling quotations of the euro dollar on Forex will be strong growth and breakdown at the level of 1.1880, which will indicate the continued growth. Expect the acceleration of the fall of the pair is with the breakdown of the lower boundary of the «Triangle» model and the closing below the level of 1.1710.
EUR/USD prediction & technical analysis on October 24, 2017 involves a test of the level of 1.1810, from which one should expect a rebound and a fall of the pair below the area of 1.1640, an additional signal will test the trend line on the indicator of relative strength index (RSI), the cancellation of the fall of the pair EUR/USD will be a breakdown level 1.1880, which will indicate the continued growth.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
