EUR/USD GOING TO 0.88

EUR/USD GOING TO 0.88

26 November 2015, 15:42
forexintel
0
104

EURUSD seems well set to fall to 0.88. The fall could be sharp and swift that there might not be enough upward retracements for entering a SELL. Expect the eurusd price to reach 0.88 in the next 3 to 4 months with very little upward retracements. If it does go to those levels in the coming months then 0.88 would not be the lowest for the next year but only a support level which will breached. With gold too reaching lowest price levels in a decade could mean a bad sign for the world. 

 

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