The currency pair Euro Dollar EUR/USD continues to move within the framework of a bearish correction. At this point, we should expect an attempt to test the support level near 1.1860 and continue growth with the target at the level of 1.1990.
EUR/USD prediction & technical analysis on November 29, 2017
In favor of the growth of quotations EUR/USD is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the variant of the Euro Dollar quotations growth will be a breakdown at the level of 1.1780, which will indicate the continuation of the fall of the Euro/Dollar pair below the level of 1.1610. Expect to accelerate the growth of the pair is with the breakdown of the level of 1.1920.
EUR/USD prediction & technical analysis on November 29, 2017 involves an attempt to rebound from the level of support and continue growth to the area above 1.1990, the cancellation of the EUR/USD growth option will be a breakthrough at level 1.1780, which will indicate the continuation of the fall.
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