15.03.2016 - The price of euro continued to fall

Price of euro continues correction after the strong growth during which has reached an important the level of 1.1200. Currently quotations approached the support level at 1.1050 and breaking through this level will be the basis for the continuation of the negative dynamics to 1.0985. In case of rebound from the current levels, the price will reach resistance at 1.1200. We expect strong growth of volatility tomorrow and maintain our medium-term negative outlook for the euro with targets at 1.0700 and 1.0550.

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