Forecast EUR USD Today: May 11 2016


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Currency pair EUR USD on FOREX continues to build on the areas of support, indicating the attempt to increase the euro dollar quotations to a local maximum, from which we can expect the euro dollar reversal. An additional signal in favor of the beginning of the upward correction in favor of the trend line and the test on the display relative strength. Cancellation option will drop in prices EUR USD 1.1350 below the level that indicates a drop to the nearest support at 1.1250 below.

Forecast EUR USD Today: May 11 2016

Forecast EUR USD Today: May 11 2016

Thus, the EUR USD Forecast Today: May 11, 2016 suggests an attempt to rebound to above the 1.1520 level, the cancellation will break through the 1.1350 level.

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