The currency pair Euro to US Dollar EUR/USD is trading at 1.0888. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the pair Euro Euro. The pair is expected to fall near the level of 1.0845, from which it is expected to try to grow and develop the bullish tendency for the pair with the purpose of growth near the level of 1.0980.
Ichimoku Kinko Hyo forecast EUR/USD on April 28, 2017
Earlier, a strong signal was received for purchases of the pair Euro Dollar, due to the intersection of signal lines at the level of 1.0799. 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 1.0730, 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 1.0930.
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