
EUR/USD Pair Movement Analysis for Apr 7, 2016
Yesterday, the pair bounced off the margin requirements level 1.13390 to show growth to the margin requirements level 1.14285, breaking the upper bound of the option zone – level 1.14000. Today, the pair is trading under 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. A breakout of this zone will set the next goal to be the interest rate zone of 1.15360.
The alternative to growth may be a bounce of the quote from the margin requirements level 1.14285 and a descent of the pair to the margin requirements level 1.13390. A breakout of this level will set the next goal to be the interest rate zone of 1.13110. A breakout of this zone will set the next goal to be the interest rate zone of 1.12560.
The analysis above does not constitute direct trading instructions and is of purely informative nature.

