Forecast EUR USD Euro Dollar on November 11, 2016


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Currency pair EUR USD Euro Dollar continues moving inside the descending pattern 5-0 for the purpose of falling below the level of 1.0750, but even in this area there is the potential for the beginning of growth within the mining bullish wave pattern Wolfe.

Forecast EUR USD Euro Dollar on November 11, 2016

Forecast EUR USD Euro Dollar on November 11, 2016

However, until a local minimum is not updated, we can expect decline in the euro against the dollar quotations, moreover, the value of the indicator of relative strength has not yet reached critical levels, to expect the beginning of a strong upward correction for the EUR/USD.

Forecast EUR USD Euro Dollar on November 11, 2016 suggests an attempt to continue to fall below the level of 1.0750.

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