10.06.2016 - We expect increased volatility of euro

Price of euro resumed growth after a recent strong correction within which quotations reached the level of 1.1300. The resumption of the negative dynamics of quotations and fixing below this level will be the basis for the continuation of the negative dynamics of prices with the objectives at 1.1200 and 1.1050. The growth in the near future is limited by the levels of 1.1370 and 1.1400, the overcoming of which can lead to the continuation of the upward movement to 1.1500 and 1.1620. Our medium-term outlook remains negative and we expect increased volatility in the coming weeks.

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