Currency pair EUR USD continues to trade in line with expectations and our forecast EUR USD forex for tomorrow. At the moment, the pair quotes struck the lower boundary of the model triangle for the second time and has the potential to see a continuation of the fall to below 1.10.
Forecast Euro Dollar Forex October 12, 2016
Cancellation option could be a strong increase in quotes above level 1.1230, which will provoke a continuation of growth of pair as the area above the level of 1.1270. We continue to hold the sale and increases with the development of the new fall.
Forecast Euro Dollar Forex October 12, 2016 suggests an attempt to fall within the beginning of working out the model triangle with the immediate goal of reducing the level 1.10.
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