RobertPapon

Analysis and forecasts for EUR / USD 11/04/15

FX:EURUSD   Euro / U.S. Dollar
The outlook for EUR / USD:
After reaching a low of 1.0937 there was profit. In my opinion there is a chance for the return movement at around the level of 1.10. Then the voice should reach the supply side, for the purpose of which is support at 1.0896 (minimum of 28 October). Further props for supply will minimums of 5 and August 7, respectively, 1.0847 and 1.0854. If allowed to break, the market will head towards the next level

In the broader term applies downward trend.

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