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Main » 2015 » January » 31
 
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EUR / USD: Wave analysis and forecast of the euro / dollar for the week 02.02 - 06.02: Euro / dollar downtrend persists.

Estimated reversal point is at 1.1420.

Our opinion: Selling a pair of euro / dollar from corrections below 1.1420, with the aim of 1.10 - 1.08. In case of breakdown of the price level of 1.1420, and consolidate above, buy a couple of corrections in order to 1.1677 - 1.1868.

Alternative scenario: The breakdown level 1.1420 and consolidate above will allow the euro / dollar to continue to grow to marks 1.1677 - 1.1868. 

 

Views: 651 | Added by: mik | Date: 31.01.2015 | Comments (0)

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