EURUSD 2015-04-01
EUR/ USD
1.0747
On the short -term the market has broken the correction pattern and expected to reach lower levels as shown at the chart , moreover , at the lowest levels of that down-trend we would confirm if the market would continue its downward trend or stabilize and range between the bigger levels of 1.12 and 1.05 .
On the longer-term view : the market on the down trend driven by a lot of factors ; moreover , a levels below 1.04s es expected and parity exchange rate would be in the next half of 2015.
Daily Trend: Neutral
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.0717 | 1.0830 |
Level 2 | 1.0649 | 1.0933 |
Level 3 | 1.0550 | 1.1013 |