After the rollback of 1.4090, where the 55-day moving average, a pair of Euro / dollar rose to 1.4327, which would be slightly higher than expected at the bank level, but was unable to regain upward momentum, and fell below the 1.4300. In the short run, currency strategists expect the bank that the couple will not be able to overcome resistance at 1.4320/40 area and then come back to 1.4093. In the case of a breakthrough moving average downward movement will continue to 1.3888, where the line is a 6-month trendline. If the euro / dollar did succeed in overcoming area 1.4340, the pair could rush to the recent maximum 1.4445 and then at the top of the channel at 1.4554. At this time, a pair of Euro / dollar traded at 1.4277.
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