EURUSD 2015-04-01

0 3

EUR/ USD

1.0747

On the short -term the market has broken the correction pattern and expected to reach lower levels as shown at the chart , moreover , at the lowest levels of that down-trend we would confirm if the market would continue its downward trend or stabilize and range between the bigger levels of 1.12 and 1.05 .

On the longer-term view : the market on the down trend driven by a lot of factors ; moreover , a levels below 1.04s es expected and parity exchange rate would be in the next half of 2015.

Daily Trend: Neutral
Weekly Trend: Down

  Support Resistence
Level 1 1.0717 1.0830
Level 2 1.0649 1.0933
Level 3 1.0550 1.1013

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.