Currency Pair Euro Dollar EUR/USD is trading at 1.0686. Quotations The pair broke through the Ichimoku Cloud and began to trade below its area, which indicates a downward trend in the Euro Euro Dollar pair. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 1.0720, from which one should expect an attempt to fall and develop a bearish tendency for the Pair with the aim of reducing the level of 1.0610.
Ichimoku Forecast EUR/USD on April 3, 2017
Earlier, a weak signal was received for the sale of the Euro-US Dollar pair, due to the intersection of the signal lines at the level of 1.0830. Cancellation of the fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 1.0840, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotes EUR/USD stands with the breakdown of the local minimum area at the level of 1.0650.
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