Good morning everybody,
As we have mentioned in our market analysis, the EUR/USD prices slipped to the 1.2680 level and we expect a further decline to form the second bottom at the 1.2628 level as we notice on weekly chart , then it should make some up corrections towards the 1.2620-1.2630 area , however if the prices breach up this level , the next target would be towards the 1.2760 level then to the 1.2806.
However, should it breach down the 1.2628 level, this will confirm the downward trend towards the 1.25 level.
We draw the attention of our dear clients to monitor the news of today especially the FOMC meeting which could affect the market.
Good luck all 😉
Read more http://www.mbcfx.com/news/news_en16_05.html
As we have mentioned in our market analysis, the EUR/USD prices slipped to the 1.2680 level and we expect a further decline to form the second bottom at the 1.2628 level as we notice on weekly chart , then it should make some up corrections towards the 1.2620-1.2630 area , however if the prices breach up this level , the next target would be towards the 1.2760 level then to the 1.2806.
However, should it breach down the 1.2628 level, this will confirm the downward trend towards the 1.25 level.
We draw the attention of our dear clients to monitor the news of today especially the FOMC meeting which could affect the market.
Good luck all 😉
Read more http://www.mbcfx.com/news/news_en16_05.html
