Hi all,
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 will make some up corrections towards the 1.2730 level , and 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.
Read more http://www.mbcfx.com/news/news_en16_05.html