Currency pair EUR USD continues to trade within the descending pattern 5-0 and the pair is trying to build on areas of resistance. At the moment, we expect EUR USD quotes drop to below 1.09.
EUR USD forecast Euro against the dollar on July 19, 2016
Cancellation option to continue falling euro dollar forex pair will be strong price growth above the level of 1.12, which regards to the cancellation option fall and potential growth to EUR USD above 1.14 level.
EUR USD forecast Euro against the dollar on July 19, 2016 suggests an attempt correction to 1.11, where is expected to continue falling EUR USD to 1.09 in the framework of the completion of the descending pattern 5-0.
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