01.10.2015 - We are waiting for the signal to open new positions

Price of euro and corrected down after breaking through the important level of 1.1200, reached the lower boundary of the rising channel. Continued fall and fixation below 1.1100 will confirm the signal for the opening short positions with the targets at 1,1000 and 1,0900. The resumption of growth will lead to growthto 1,1200-1,1300. Our medium-term outlook remains negative and we are waiting for increased volatility tomorrow after the release of statistics on the US labor market.

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