Currency pair Euro to US Dollar EUR/USD continues to trade near the support area at 1.1155. It is worth waiting for an attempt at a minor correction and continuing the decline in the area below the level of 1.10. In favor of the fall, a dense test of the bearish trend line will appear on the indicator of relative strength index (RSI).
EUR/USD technical analysis & signals on June 21, 2017
Cancellation of the variant of falling quotations of the euro/dollar on Forex will be the breakdown of the region 1.1270, which will indicate the continued growth of the pair. The breakdown of the lower border area of the channel will indicate the completion of growth and the drop in quotations to the area below the level of 1.0850.
Among the important news that can affect the euro against the dollar, it is worth highlighting: The volume of sales of housing in the secondary market.
EUR/USD technical analysis & signals on June 21, 2017 involves an attempt to fall to the area of the lower border of the rising channel at the level of 1.10, the breakdown of this area will indicate the continuation of the decline in quotations of the Euro/Dollar.
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