21.10.2014 - Euro is trying to change the negative trend

Quotes of EUR/USD once again reached the strong resistance at that price tested 3 times. The breaking and fixing prices above this will be the basis for continued growth to the level of 1.2900. Further growth of price is limited by the upper boundary rising channel and the levels of 1.2900 and 1.3000. Despite the current negative trend, we expect the resumption of the downward movement of price in the near future and maintain a medium-term negative outlook.

September 11, 2014 of EUR-USD Performance

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