The currency pair Euro Dollar EUR/USD continues to move within the framework of growth. At this point, we should expect an attempt to test the level of 1.1885 and the beginning of the fall of the euro dollar with a target below 1.1750.
EUR/USD forecast Euro Dollar on December 27, 2017
In favor of falling quotes EUR/USD is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI). The cancellation of the variant of the Euro/Dollar price decline will be a breakdown at the level of 1.1930, which will indicate the continued growth of the Euro/Dollar pair above the level of 1.1990. Expect to accelerate the fall of the pair is with the breakdown of the level of 1.1815.
EUR/USD forecast Euro Dollar on December 27, 2017 involves a test of the level of 1.1885, from where it is expected to start the fall of the pair in the area below 1.1750, as part of the development of the reversal model on the indicator of relative strength index (RSI), the cancellation of the EUR/USD fall will be a breakdown at level 1.193, which indicates the continued growth.
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