Analysis and forecasts for EUR / USD
Today's session has not led to break permanently recent highs and as a result there has been to determine the further direction. However, looking from the perspective of technical analysis chart of the interval 1D, we can see that the RSI shows negative divergence, which may be a signal reversal. If this state of affairs will continue also during tomorrow's session, we can assume the thesis that the level of 1.1465 was a peak from which started the correction. Considering the amount of data during Wednesday's session, we can not exclude further (perhaps impulsive) increases towards 1,1465-95. Anyway resistance zone, which indicated should defend, which in the long term, it may start a correction. In this case, the supply side once again directs toward support at 1,1325-43. When it comes to the break we get a clear signal that the Eurodollar a correction phase.
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