09.02.2016 - Euro continues to rise after overcoming 1.1200

Price of euro has overcome the resistance level at 1.1200 after rebounded from the level of 1.1100. In case of resumption of negative dynamics, quotations will reach an inclined support line, and then the fall may continue with targets at 1.0985 and 1.0800. Current growth may continue in the near future and the price will reach 1.1400. Our medium-term outlook remains negative and we do not rule out the growth in the near future.

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