Ascending target remains the same and is based at 1.102 | 28 April 2015

28 April 2015, EUR/USD

Ascending target remains the same and is based at 1.102 Euro/Us Dollar pair continues to move along the boundaries of the blue alpha channel. As we expected earlier, this currency pair continues to move upwards to the upper level of the blue alpha channel. Ascending target is located at 1.102. Therefore, the pair still have reserves for moving upwards which can be applied in trading positions. Our recommendation is to consider long positions to the specified level.

Roman Petukhov
FreshForex Analyst
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