Forex Euro Dollar Forecast EUR USD on November 14, 2016


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Currency pair EUR USD Euro Dollar continues moving inside the descending pattern forex 5-0 for the purpose of falling below the level of 1.0750. Currently retained potential for further reduction in the area below the level of 1.0750.

Forex Euro Dollar Forecast EUR USD on November 14, 2016

Forex Euro Dollar Forecast EUR USD on November 14, 2016

However, in the case of a strong growth of quotations of the euro dollar above the level of 1.0950, we should expect an attempt to continue the development of the upward trend, already near the level 1.0750 will be a tight test of the descending channel’s lower border, where we can expect attempts upward correction for the pair.

Forex Euro Dollar Forecast EUR USD on November 14, 2016 suggests an attempt to continue falling within a bearish pattern completed 5-0 to reduce below the level of 1.0750.

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