Currency pair EUR USD is trading at 1.0531. At the moment, the pair quotes could push off from the area of resistance, and are ready to move further down to below 1.0150.
Technical Analysis EUR USD on January 9, 2017 — January 13, 2017
An additional signal is in favor of continuation of falling of quotations currency pair EUR / USD appears tight test the descending resistance line on the indicator of relative strength, it also suggests a drop since the current levels.
Cancellation option will be a strong growth area and the breakdown of 1.07 closing prices that will point to a continuation of the rising correction on the euro dollar. With the breakdown of the area nearest support is expected to speed up the fall.
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