Ascending target is based at 1.103 | 27 April 2015

27 April 2015, EUR/USD

Ascending target is based at 1.103 Euro/Us Dollar pair continues to move along the boundaries of the blue alpha channel. This currency pair continues to grow to the upper boundary of the blue alpha channel. Ascending target is located at 1.103. Reversal and continuation of growth are the equally possible options that can start from this level. We wait when the price reaches this level. In this situation, long positions are preferable.

Roman Petukhov
FreshForex Analyst
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