The currency pair Euro to US Dollar EUR/USD is trading at 1.0879. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the pair Euro Euro. It is expected to test the area of signal lines near the level of 1.0830, from which one should expect an attempt of growth and development of the bull tendency on the pair with the purpose of growth near the level of 1.0965.
Ichimoku Kinko Hyo prediction EUR/USD on April 26, 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 a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 1.0710, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations EUR/USD stands with the breakdown of the local maximum area at the level of 1.0910.
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