02.09.2016 - We expect a strong movement of the euro prices today

Price of euro has shown growth during which returned to an important resistance level at 1.1200. If the price fixates above this levels, we expect a further increase to 1,1350-1,1400. According to our estimates, the volatility will grow strongly in the near future, and the more likely scenario will be continued decline with the first targets at 1.1050 and 1.0985. Our medium-term outlook is negative with the objectives at 1.0700 and 1.0550.

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