12.06.2015 - The price of EUR will likely continue to decline today

The price of euro broke through the sloping line of support and in the near future will probably fall to 1.1080. The breaking of this level will confirm the signal to sell with immediate targets at 1.1000 and 1.0900. The volatility in the coming week will remain at a high level. Growth is limited by the resistance at 1.1450 and 1.1500. Our medium-term outlook remains negative.

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