Currency pair EUR USD continues to trade in line with expectations and our euro forecast for tomorrow. At the moment, there is potential for growth in the beginning of the bull within the mining model Wolfe Waves with the upside EUR USD quotes above the level of 1.1120.
Forex Forecast EUR USD Euro Dollar on July 26, 2016
Cancellation option of upward movement for the pair will drop the euro quotations against the dollar below the level 1.0950, which will point to a continuation of the fall. An additional signal in favor of the beginning of the growth of quotations EUR USD advocates the formation of inverted head and shoulders pattern on the indicator of relative strength, it also points to the potential growth already from current levels.
Forex Forecast EUR USD Euro Dollar on July 26, 2016 suggests an attempt to increase within the mining bullish wave pattern Wolfe for the purpose of growth of quotations EUR USD above 1.1120 level.
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