The Currency pair Euro US Dollar EUR/USD finished the trading week at the level of 1.0797. The pair continues to trade above the upper limit of the Ichimoku Cloud, which indicates the presence of an upward trend in the Euro Euro Dollar pair. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.0690, from which one should expect an attempt to grow and develop the bullish trend for this pair in order to increase the level of 1.090.
Ichimoku forecast EUR/USD on March 27 — 31, 2017
Earlier, a medium strength signal was received for the purchase of a pair of Euro US Dollar, by crossing the signal lines at the level of 1.0600. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 1.0550, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations EUR/USD stands with the breakdown of the local maximum area at the level of 1.0830.
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