Ever since its peak at 1.4845 (September 23), the euro / dollar moves in a downward trend and today during the Asian session, reached a low of 1.4500. Despite the rollback pairs observed in the moment, currency strategist at Commerzbank consider it quite likely continued decline of the euro / dollar to 1.4400 area. As noted in the bank, the couple is now trying to break through the 1.4551/38 area - her breakthrough increase downward pressure and cause a deeper correction in the short term couples. The bank believes that the intraday rise in the euro / dollar obstacles encountered in the field of 1.4640/75. The initial aim of ways to reduce the pair, analysts said the bank will be the level of 1.4440 - in the event of breakthrough movement may continue until the 1.4381/16 area, where the 55-day moving average. Currently, the euro / dollar is trading at around 1.4544.
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