EUR/USD Technical Analysis & Forecast 07.08.2017

EUR USD, “Euro vs US Dollar”

The EUR/USD pair has moved downwards and reached the predicted target of the descending wave. We think, today the price may be corrected towards 1.1830. However, the instrument may continue falling inside the downtrend and reach 1.1697 and form the first half of the wave. The main target is at 1.1475.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Pin It on Pinterest