24.09.2015 - Euro is corrected after the recent strong decline
The price of euro after the rebound from the support level at 1.1100 has grown to 1.1200 and has continued growth. According to our estimates, the price can reach marks 1,1300-1,1400 soon. Despite current growth, we expect the resumption of the negative dynamics in the near future after the completion of correction and immediate objectives in this case will be 1.1100, 1.1000 and 1.0900. In the medium term, we also expect a price drop to 1,0500-1,0700.