Currency pair EUR/USD Euro Dollar is trading at 1.0550. The pair was able to break through the lower boundary of Ichimoku Cloud and at the moment we should expect a tight test the breached border and continuing fall of the euro to the dollar below the level of 1.0470.
Ichimoku Kinko Hyo forecast EUR/USD on March 2, 2017
Also coming soon will be a signal of average power in favor of the sales. Cancellation option will be a breakdown of the upper limit of the Ichimoku Cloud and closing quotations of the pair above the 1.0595 area, which indicates the resumption of an upward trend in the euro dollar. Current region involves opening short positions on the EUR/USD pair with the tight stop.
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