22.06.2015 - We expect a strong movement of the euro in the coming days
The price of euro stabilized below 1.1400 and continues to consolidate within a triangle. In case the 1.1400 level, we expect growth of quotations to the target levels at 1.1450 and 1.1500. On the other hand, a breaking through the lower boundary of the triangle and fixation below the local minimum at 1.1300 will confirm the signal for opening short positions with the potential reduction to 1.1000, 1.0900 and 1.0700. Our medium-term outlook remains negative, but we do not exclude short-term growth in the near future.