18.01.2016 - Euro corrected to the important support

Price of euro corrected downward and now is consolidating around level of 1.0900. Also quotes approached the inclined support line and can rebound from it and continue to rise to 1,0985-1,1000. Overcoming these levels is unlikely. In case of breaking the inclined support line, the decline will continue to 1.0800 and 1.0700. Our medium-term outlook remains negative and we expect strong price movement tomorrow.

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