The Currency Pair Euro US Dollar EUR/USD is trading at 1.0810. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair Euro Euro. It is expected to test the upper boundary of the Ichimoku Cloud near the level of 1.0790, from which one should expect an attempt of growth and development of the bullish trend for this pair with the purpose of increasing the level of 1.0850.
Ichimoku Forecast EUR/USD on March 30, 2017
Earlier, a strong signal was received for the purchase of the Euro-US Dollar pair, due to the crossing of the signal lines at the level of 1.0830. 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 1.0690, which will indicate a change 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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