19.02.2014 - Euro continues to increase

The price of euro continues to rise after fixing above 1.37. After a minor correction, we expect further upward movement to the level of the nearest high near 1.3810. Correction is possible to 1.3700. The course of trading will be affected by data on the U.S. housing market, which will be published at 13:30 GMT. Special attention should be paid to the minutes of the previous meeting of the Federal Open Market Committee of the U.S. Federal Reserve.


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