03.02.2016 - The price of euro soared

Price of euro demonstrated strong growth after fixed above the level of 1.0900 and came close to the upper boundary of the corridor 1,0800-1,0985. In case of breaking through it, quotations will reach the level of 1.1050 and 1.1200. On the other hand, at this point it is possible to open short positions with a stop above the strong resistance level at 1.0985 and the target levels at 1.0900 and 1.0800. Our medium-term outlook remains negative, but we do not exclude the continuation of growth in the near future.

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