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EUR/USD forecast & analysis Euro Dollar
The currency pair Euro to US Dollar EUR/USD continues to be traded within the bullish channel. At this point, we should expect correction and lower quotations of the euro/dollar in the area of the lower border of the bullish channel near the level of 1.16.
EUR/USD forecast & analysis Euro Dollar on August 30th
In favor of the drop is the test of the resistance line on the indicator of relative strength. The currency pair British Pound to US Dollar GBP/USD continues to move within the bullish correction. We should expect a rebound from the level of resistance and the continued drop in quotations of the Pound vs the US Dollar in the area below the level of 1.2853.
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