28.09.2016 - Price of euro corrected down
Price of euro is consolidated near the level of 1.1200 after previously has not been unable to overcome the resistance level at 1.1260 and showed a decrease. In case of continued negative dynamics and breaking through the support level at 1.1140, we expect a further decline to 1.1050, 1.0985 and 1.0850. The resumption of growth and overcoming the level of 1.1260 will be the cause for a further increase in price to 1,1350-1,1400. We maintain our medium-term negative outlook, but soon quotes will likely continue to consolidate within the range 1,1140-1,1260.