Currency pair EUR USD is trading at 1.0486. Quotes pair could test the resistance area and now have the capacity to rebound and continue to decline below the level of 1.02 within the mining reversal pattern head and shoulders.
Technical analysis and forecast EUR USD on January 6, 2017
An additional signal acts as a rebound from the resistance line on the indicator of relative strength. Cancellation option euro quotations falling dollar will be strong growth and the breakdown region of the upper boundary of the descending channel, which points to continued growth and development of the upward correction.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link