09.09.2014 - The euro will continue to fall to the level of 1.28
The price of euro continued to decline in the descending channel and is likely to continue to fall to the level of 1.28. Correction is possible to 1.30. In case of breaking of this level we recommend to close short positions and wait for the next entry point to open short positions. We recommend holding short positions. Our medium-term outlook remains negative.