Ichimoku Kinko Hyo forecast EUR/USD on February 27, 2017


Currency pair EUR/USD is trading at 1.0608. At the moment, the pair quotes are testing the lower bound tightly Ichimoku Cloud, and has previously received another signal of weak force in favor of the euro against the US dollar purchases.

Ichimoku Kinko Hyo forecast EUR/USD on February 27, 2017

However, to confirm this signal is important to wait for the closing quotation of the currency pair EUR/USD above the 1.0630 level, which points to the breakdown of the upper limit of the Ichimoku Cloud and the potential change of the trend in favor of growth.

Ichimoku Kinko Hyo forecast EUR/USD on February 27, 2017

The immediate purpose to couples of quotations growth is the area at the level of 1.0680. In the case of rebound and fall of quotations from current levels is pressed continuing decline, but should try to sell only at the moment of crossing the signal lines.


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