30.07.2014 - The price of euro reached 1.3400
The price of euro reached the target level of 1.3400. Currently quotations continue to decline within the downtrend and in case of price fixing below 1.3400, we can see the continuation of the downward movement with the target about 1,3200-1,3160. In case of correction the price may rise to 1.3440 and 1.3500. We recommend holding short positions and maintain the medium-term negative outlook for the euro with the objectives of around 1.3200 and 1.2800.