The point 1.106 is expected to be reached soon | 29 April 2015

29 April 2015, EUR/USD

The point 1.106 is expected to be reached soon Euro/Us Dollar pair continues to move along the boundaries of the blue alpha channel. The price is actively moving its ascending target based on the upper line of the blue channel. Bulls evidently dominate on market. The point 1.106 is expected to be reached soon. There is a chance to buy to this level. The pair can either reverse and go down from this resistance level or continue its ascending movement in another alpha channel.

Roman Petukhov
FreshForex Analyst
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