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Forecast the euro dollar (EUR / USD) on 04/14/2017: Euro dollar - continued decline

14 april 2017 - Fx4News
Forecast the euro dollar (EUR / USD) on 04/14/2017: Euro dollar - continued decline

Forex Technical Analysis EUR / USD 14.04.2017

 

On Thursday, the currency market, the euro bulls are paired with American control of the situation in the first half of the session, and were able to raise quotes EUR / USD to the 1.0675 resistance. But in trading in Europe bears again seized the initiative, and on profit-taking euro dollar pair fell to the 1.0630-40 resistance, breaking the mark confidently towards the 1.0600-10 resistance

 

 



 

EUR / USD forecast recommendation on 4/14/2017

 

The euro dollar is trading at 1.0600-10 support if the euro will be able to break the mark and consolidate the price will continue to decline to a level 1.0590-80. Where it is possible to hang up and return EUR / USD quotes to around 1.0600-30. An alternative for traders in the euro camp rebound from the support level of 1.0600-10 and 1.0630-40 growth in 


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