Currency pair EUR/USD The dollar is trading at 1.0607. At the moment, the pair continues to move in the downward trend in the past has been received a weak signal in favor of the euro, the dollar purchases.
Ichimoku Kinko Hyo EUR USD forecast on February 21, 2017
However, consider opening long positions in the pair is only the breakdown region of the upper border of the Ichimoku Cloud and closing quotes above the level of 1.0720, which indicates the potential change of the trend in favor of the euro appreciation against the US dollar.
Who should not exclude an attempt to lower limit of the Ichimoku Cloud test near the level of 1.0620, and continue to fall below the level of 1.0530, the cancellation option of reduction of quotations will sample the upper limit of the Ichimoku Cloud.
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