The currency pair Euro Dollar EUR/USD continues to move within the fall. At the moment, we should expect an attempt to test the upper boundary of the bearish channel near the level of 1.1645 and continue falling below the level of 1.1460.
EUR/USD prediction & technical analysis on November 7, 2017
In favor of falling quotations EUR/USD will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling quotations of the euro/dollar on FOREX will be strong growth and breakdown at the level of 1.1720, which will indicate the continued growth of the pair. Expect to accelerate the fall of the pair is with the breakdown of the level of 1.1540.
EUR/USD prediction & technical analysis on November 7, 2017 involves an attempt to test the upper border of the channel near 1.1645, from which it is expected to continue falling below the level of 1.1460, an additional signal in favor of the drop will test the resistance line on the indicator of relative strength index (RSI), EUR/USD will break through the level of 1.1720, indicating that the quotes are out of the channel.
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