A pair euro / dollar recovered after falling last week with a minimum reached on Friday at 1.4480 - during this period steam rose 300 points, rising now to the maximum at 1.4750. According to currency analysts Mizuho, during the current month euro / dollar may rise to 1.5000 area. The Bank believes that after a month of growth in the European currency now is the short period of consolidation in the 1.4600/1.4800 area, after which the couple may well continue to rise to the psychologically important level of 1.5000. As part of a downward motion, lowering a pair of obstacles encountered in the field of 1.4443, where the 9-week moving average and the first Fibonacci support. The euro / dollar in the bank is considered as a good opportunity to buy a pair in the medium and long term in anticipation of further weakening the U.S. dollar by the end of this year. Currently, the euro / dollar is at 1.4725.
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