Citigroup expects the beginning aptrenda euro.

Tehnicheskie analysts Citigroup pay attention, that the euro bargains today not in area $1.18 and above or $1.19 and above as it took place Within last 28 operational days. There is a historical precedent. "actually in 2002 euro/dollar bargained on $0.97 or $0.98 70 of 71 operational days, remaining in a range from $0.96 to $1.00 ", - they remind. " however as soon as the currency has left figures.97 or.98 within 2 next operational days (on November, 4/5th 2002) it was the beginning of the end of changeable consolidation ", - adds Citigroup. Before the beginning new aptrenda euro, however, strategists wait for the second consecutive day of trade above $1.18 / $1.19, and also break of strong resistance on $2047$1.2094 (200-day MA and horizontal resistance), that would open a way to repeated testing $2325. Forexpf. Ru - Forex News / news Forex