03.04.2015 - The price of euro show strong price movement today
The price of euro stabilized below 1.0900 against the background of the day off and the expectation of the publication of data on the labor market in the US (12:30 GMT). In case of breaking this level, we expect the upward price movement to 1,1000-1,1050. We forecast that a drop in prices will resume soon with the first target at 1.0700 and then may continue to fall to 1.0500. We keep medium-term negative outlook and recommend holding short positions with a stop above 1.1050 and the target at 1.0000.