1.22 is the global ascending target | 30 April 2015
30 April 2015, EUR/USD
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Being forced by bulls, Euro/Us Dollar pair has successfully achieved an ascending target based on the upper line of the blue channel.
At present, the pair is moving within the red alpha channel. If ascending trend is lucky enough, 1.22 is the global ascending target.
A general slump of US dollar on the market may lead to such an outcome. In the nearest time we will recommend to take into account long positions on this pair.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
