Currency pair EUR/USD ends the current week following the publication of a major increase in NON-FARM PAYROLLS. At the moment there is a potential for continued growth of quotations of the dollar in the euro area above the 1.17 level within the mining bull 1:1 model.
EUR/USD weekly forecast June 6, 2016 — June 10, 2016
Cancellation option will drop in prices below the level of the channel in the region of 1.10. We continue to keep buying the pair and try to increase the amount of long positions on it. Near term resistance is at 1.15, where the correction of the euro the dollar may occur.
EUR/USD weekly forecast June 6, 2016 — June 10, 2016 assumes continued growth of quotations pairs within the bull’s mining model 1:1 with a view to the potential growth rate of above 1.17.
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