23.12.2015 - Euro may fall to 1.0900 and 1.0800

Price of euro corrected today to the inclined support line and broke through it. In case of continued descending movement and overcoming of the support at 1.0900, quotes, with a high probability will continue to fall to 1.0800. Overcoming 1,0800, in turn, would be a signal to sell with the targets and at 1.0700 1.0500. Growth of price in the near future is possible to the local maximum near 1.0980. We are waiting for the signal to sell and expect decline in prices in the medium term and in the coming days.

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