EUR / USD is still not able to move from level price of under 1.1, due to financial projections Europe is still low and positive sentiment USD over the plan to raise interest rates, while QE although it would also weaken the Euro, but it is likely to be revised, following the development of the bank's policy central Other countries, notably the Fed's policy of interest rate hikes.
Technically in the chart of EUR / USD H4 time frame identified the Channel Down pattern, penetration level has not happened suport / resistannya, while the price is near the support level with the condition of Stochastic Oscillator already cross abandon its oversold zone. Under these conditions, in the short term there is the possibility of EUR / USD rebound. Thus traders can undergo long action buy with a target of 1.1080. However it is worth noting that tonight the US will release data on Non Farm Payroll with forecast better than ever, therefore, needs to be placed stop loss or stop sell order at the price level of 1.0823 (10 pips below the low nearby) with the possibility of a further decline to 1.0520an price level (low in April 2015).
Technically in the chart of EUR / USD H4 time frame identified the Channel Down pattern, penetration level has not happened suport / resistannya, while the price is near the support level with the condition of Stochastic Oscillator already cross abandon its oversold zone. Under these conditions, in the short term there is the possibility of EUR / USD rebound. Thus traders can undergo long action buy with a target of 1.1080. However it is worth noting that tonight the US will release data on Non Farm Payroll with forecast better than ever, therefore, needs to be placed stop loss or stop sell order at the price level of 1.0823 (10 pips below the low nearby) with the possibility of a further decline to 1.0520an price level (low in April 2015).
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