Currency pair Euro/Dollar EUR/USD closes the trading week near the level of 1.2314. The pair continues to trade within the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a flat trend for the pair Euro/Dollar. The Ichimoku Kinko Hyo Cloud lower limit test is expected near 1.2210, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 1.2650.
EUR/USD forecast Euro Dollar April 2 — 6, 2018
An additional signal in favor of the growth of the pair will come test of the level of support. Earlier, a weak signal was received for the sell of the pair Euro/Dollar, due to the crossing of the signal lines at the level of 1.2345.
The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 1.2090, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations EUR/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above 1.2440.
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