Rabobank. Comments on euro/dollar

Kommentary. Yesterday there was a recoil after testing 1.20 - this level maintains the third day successively. Psychological importance 1.20 and technical 1.1980, similar, constrains sellers of euro. We noticed earlier, that 1.1980 is the main candidate on a suspension of falling of uniform currency. The current trend while in force, and movement passes in limits of borders of the channel. The top border of the channel goes down on 25 points in day and today passes on 1.2225. Possible correction, possibly, will be limited to this level. Forexpf. Ru - Forex News / news Forex