EUR/USD Pair Movement Analysis for Apr 6, 2016
The alternative to the descent may be the quote’s bounce from the margin requirements level 1.13390 and growth of the pair to the upper bound of the option zone – level 1.14000. A breakout of this level will set the next goal to be the margin requirements level 1.14285. A breakout of this level will set the next goal to be the interest rate zone of 1.14744. The analysis above does not constitute direct trading instructions and is of purely informative nature.