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The technical outlook for euro dollar exchange rate (EUR / USD) tomorrow 01.08.2017

 

Bulls again tested 1.1750 last week. Level does not let customers higher and the EUR / USD began to decline. In the first half Monday, the euro moved down to 1.1700. Resistance level is at 1.1750, support level of 1.1700 made. Buyers of the euro at auction in the United States successfully broke through the level of 1.1750 and 1.1800 euro headed for quotes around 1.1850

Forecast EUR / USD: The level of 1.1750 has become fairly strong support, if buyers do not pierce the mark 1.0830 where the pair is trading at the moment, EUR / USD waiting for corrective weakness towards 1.1800 - 1.1750, where the bulls once again will try to take the initiative. Support 1.1750 breakthrough could return to the euro dollar exchange rate 1.1700

 

Views: 525 | Added by: mik | Date: 31.07.2017 | Comments (0)

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