FOREX EUR USD forecast — May 25, 2016


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Currency the euro dollar EUR USD is continuing to decline. As you can see, the pair failed to fulfill an inverted head and shoulders pattern on the indicator of relative strength.

FOREX EUR USD forecast — May 25, 2016

FOREX EUR USD forecast — May 25, 2016

At the moment, there is the potential to continue falling in the area at the level of 1.1080. Where will test the lower boundary of the rising channel 1:1 model. Such a test may trigger the development of an upward movement the pair eur usd with a potential target area above the highs. Moreover the continuation of the fall and said descending pattern on smaller time intervals. FOREX EUR USD forecast — May 25, 2016 assumes a continuation of falling of quotations in the region at the level of 1.1080, to complete the bullish pattern of 1:1.


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