1.22 is the global ascending target | 30 April 2015

30 April 2015, EUR/USD

1.22 is the global ascending targetBeing forced by bulls, Euro/Us Dollar pair has successfully achieved an ascending target based on the upper line of the blue channel.

At present, the pair is moving within the red alpha channel. If ascending trend is lucky enough, 1.22 is the global ascending target.

A general slump of US dollar on the market may lead to such an outcome. In the nearest time we will recommend to take into account long positions on this pair.

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