Currency pair EUR USD is trading at 1.0556. The pair continues to move in the development of the downward trend and currently retained potential to fall due to the strong signal received earlier in favor of the euro dollar of sales.
Ichimoku Kinko Hyo forecast EUR USD on February 24, 2017
We should not exclude a tight resistance test in the form of the signal line Senkou B and continuation of decrease in pair of quotes in the area below the level of 1.0450.
Cancellation option of falling EUR/USD will break-down area of 1.0620, which points to the breakdown of the upper limit of the Ichimoku Cloud and the continuation of an upward trend for the pair. Is expected to accelerate the fall of the euro against the dollar is a breakdown of the area of a local minimum.
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